Middle East

  • Creditors pull back from frontier markets

    Creditors pull back from frontier markets

    Frontier market bond issuance dropped in 2019, with sovereign issuance at its lowest figure since 2011, amid signs that private-sector creditors are pulling back from riskier countries.

    20 Feb 2020

  • Loans in brief: February 21, 2020

    Drinks group C&C to sell US PPs as Irish firms return — Almarai feasts on $100m for MENA expansion — Lufthansa flies by Schuldschein market for short dated debt — Archer plots loan A&E — Greencoat UK draws debt for wind farm buy

    20 Feb 2020
  • DIB mandates nine for sukuk

    DIB mandates nine for sukuk

    Dubai Islamic Bank is embarking on a roadshow having mandated nine banks for a long five year or seven year dollar benchmark sukuk.

    20 Feb 2020
  • Lebanon bond prices tumble as hope of repayment dwindles

    Lebanon bond prices tumble as hope of repayment dwindles

    The International Monetary Fund (IMF) has sent a team to Lebanon to provide technical advice to the country. Analysts have said this could be the first step towards the country seeking a financing package. But expectation that it will default on its March 2020 Eurobond is growing.

    20 Feb 2020
  • Dar Al Arkan taps long dated bid to reach 7y

    Dar Al Arkan taps long dated bid to reach 7y

    Dar Al Arkan Real Estate Development Company moved beyond the usual five year tenor it normally issues at on Wednesday, making the most of investors’ willingness to take on longer maturity paper.

    20 Feb 2020
  • Almarai feasts on $100m for MENA expansion

    Almarai feasts on $100m for MENA expansion

    Saudi Arabian food and beverage producer Almarai has secured a $100m loan from the European Bank for Reconstruction and Development (EBRD) to support expansion in Egypt and Jordan.

    19 Feb 2020
Middle East News Archive