Latest Middle East Bonds news                        go to loans   |   go to equity

  • Kuwait International Bank lines up debut AT1 sukuk

    Kuwait International Bank hit screens on Tuesday morning announcing a roadshow for its first ever bond — an unrated additional tier one sukuk with a five year call date.

    • 21 May 2019
  • MAF CEO says green format helped pricing

    Majid Al Futtaim (MAF) brought the world’s first benchmark green corporate sukuk to market last week. Chief executive Alain Bejjani said the format had helped the leads price the deal tighter and that they would return to the green market.

    • 16 May 2019
  • Middle East FIG MTNs flow

    MTNs from Middle Eastern banks have flowed freely over the last week, with borrowers printing a range of currencies to take advantage of basis swap opportunities, amid little competition from European financials, say bankers.

    • 13 May 2019
  • MAF prints green sukuk with zero NIP

    Majid Al Futtaim (MAF), a shopping mall developer based in the Middle East, sold a 10 year green sukuk on Tuesday flat to its outstanding curve.

    • 08 May 2019
  • MAF draws $3bn book for green sukuk

    Majid Al Futtaim, a shopping mall developer based in the Middle East, has set the spread for its green sukuk, with the deal attracting about $3bn of orders for $600m of paper.

    • 07 May 2019

Middle East news archive


Latest Middle East Loans news       bonds | equity

  • Oman to raise $2.85bn while 'still in the eye of the storm'

    Oman, one of the most fiscally challenged sovereigns in the Gulf, is set to raise a $2.85bn commodity linked pre-payment facility. Natixis and Société Générale are expected to lead the transaction, according to bankers.

    • 16 May 2019
  • EM loan mart anticipates extended decline, bonds to reap benefits

    Emerging market loan volumes continue to suffer with year-to-date volumes down 60% from the same period in 2018. Global economic slowdown and the fear of trade wars, combined with the increasing appeal of the bond market, are dampening the prospects of recovery in the syndicated loan market in 2019.

    • 13 May 2019
  • Developer Eagle Hills Diyar signs loan for Bahraini project

    Eagle Hills Diyar, a real estate developer headquartered in Abu Dhabi, has signed a 10 year $374m-equivalent loan, in dollars and Bahraini dinars, with a selection of Middle Eastern banks. The proceeds will be used to fund three buildings in its waterfront development in Bahrain.

    • 07 May 2019
  • Mubadala signs over-subscribed $2bn revolver refi

    Abu Dhabi’s sovereign wealth fund, Mubadala, has refinanced a $1.75bn loan, increasing it to $2bn after receiving heavy oversubscription.

    • 02 May 2019
  • ADCB, UNB and Al Hilal create UAE's third largest lender

    Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) have officially merged, and acquired Al Hilal Bank. The merger creates the third largest lender in the United Arab Emirates, and comes amid a boom in banking M&A across the Gulf.

    • 02 May 2019

Latest Middle East Equity news        bonds | loans

  • Finablr reduces price to cover IPO

    Banks working on the IPO of Finablr, the financial holding company that owns Travelex, had to reduce the price of the IPO and extended the books to 3pm on Tuesday, in order to price the transaction.

    • 14 May 2019
  • Finablr banks make final push to get deal covered

    There has been no covered message sent on the IPO of Finablr, the financial holding company which owns Travelex, though the deal is set to close today, Monday May 13. The banks are still working hard to close the book on schedule.

    • 13 May 2019
  • Largest Saudi IPO in years prices in Riyadh

    Arabian Centres Company (ACC), the owner and operator of Saudi retail malls, has priced its IPO at the bottom of its original range, winning local support for one of the largest deals from the Kingdom in years.

    • 10 May 2019
  • Finablr sets range after founder wows on roadshow

    Finablr has set a range on its London IPO, valuing the business at a more conservative multiple than many had expected when the roadshow began. That will please prospective buyers, some of whom were also impressed with an appearance from the company’s billionaire owner, BR Shetty.

    • 02 May 2019

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 22,359.08 123 7.61%
2 JPMorgan 21,917.68 109 7.46%
3 HSBC 21,403.26 169 7.29%
4 Standard Chartered Bank 17,273.41 119 5.88%
5 Deutsche Bank 12,010.87 66 4.09%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 4,325.33 16 11.99%
2 Bank of America Merrill Lynch 4,224.27 16 11.71%
3 JPMorgan 3,818.54 15 10.59%
4 Morgan Stanley 2,844.36 8 7.89%
5 Santander 2,639.35 13 7.32%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 12,428.53 42 12.50%
2 Citi 10,614.23 37 10.67%
3 Standard Chartered Bank 9,665.29 37 9.72%
4 HSBC 6,799.03 30 6.84%
5 Deutsche Bank 5,013.13 10 5.04%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 857.45 5 12.87%
2 MUFG 848.66 4 12.74%
3 Industrial & Commercial Bank of China - ICBC 742.79 3 11.15%
4 JPMorgan 369.88 4 5.55%
5 SG Corporate & Investment Banking 293.72 4 4.41%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 1,783.30 14 17.16%
2 HSBC 1,191.32 13 11.46%
3 JPMorgan 1,015.66 11 9.77%
4 Citi 941.15 11 9.06%
5 Barclays 802.96 10 7.73%