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

  • DP World running tender for pair of notes

    DP World, the company responsible for operating Dubai’s ports, is buying back two of its outstanding bonds, becoming the fifth EM borrower to do so in September.

    • 20 Sep 2019
  • Aramco: never mind the drones, feel the profits

    Saudi Aramco, the state-owned oil company of Saudi Arabia, is confident that its exceptional financial position will allow its IPO to withstand geopolitical shocks such as the drone attack on the company’s oil facilities last Saturday, write Sam Kerr, Mariam Meskin and Francesca Young.

    • 19 Sep 2019
  • SRC to issue second sukuk this year, as securitization added to agenda

    Saudi Real Estate Refinance Company (SRC), a provider of mortgage financing in Saudi Arabia, is planning to issue its second sukuk of the year and may carry out a securitization, chief executive Fabrice Susini told GlobalCapital.

    • 19 Sep 2019
  • Investors play down impact of Saudi oil attack for EM

    Last weekend’s attack on Saudi oil facilities drove up the oil price and caused a rush to safe haven assets, but investors say they expect the turbulence to be short-lived.

    • 18 Sep 2019
  • Flurry of Middle East paper on the way

    Four Middle Eastern borrowers are set to come to market next week, as issuers and investors alike shake off the volatility caused by the attack on Saudi oil facilities last weekend.

    • 17 Sep 2019

Middle East news archive


Latest Middle East Loans news       bonds | equity

  • Sukuk and bonds seduce Gulf borrowers as loans wither

    Gulf borrowers are being increasingly lured by the attractive terms offered in bond and sukuk markets, much to the detriment of international lenders, many of which are disgruntled by the disappointing loan volumes in the region.

    • 17 Sep 2019
  • Averda amends and extends loan

    MEA-based waste management services provider Averda has amended and extended an existing term loan facility, garnering 70% oversubscription.

    • 30 Aug 2019
  • PIF’s ‘aggression’ called into question as loan nears close

    Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), is close to finalising its second syndicated loan, which is scheduled for September. Margins are slimmer than on the borrower’s debut last year, according to bankers, though some in the market wondered if the fund will push even further on pricing before the deal is done.

    • 28 Aug 2019
  • Lenders pledge support to Turkish SMEs

    Albaraka Turk Participation Bank and the Islamic Development Bank have signed a $40m Islamic financing facility to support small and medium enterprises in Turkey.

    • 21 Aug 2019
  • Lenders disappointed by diminishing ME activity

    Middle East loans activity has fallen this year, confounding last year's hopes among bankers, with blame falling indirectly on the US-China trade war and sluggish global growth.

    • 12 Aug 2019

Latest Middle East Equity news        bonds | loans

  • Aramco: never mind the drones, feel the profits

    Saudi Aramco, the state-owned oil company of Saudi Arabia, is confident that its exceptional financial position will allow its IPO to withstand geopolitical shocks such as the drone attack on the company’s oil facilities last Saturday, write Sam Kerr, Mariam Meskin and Francesca Young.

    • 19 Sep 2019
  • Aramco: how do you discount for drones?

    It isn't often that equity investors are asked to buy assets subjected to physical attack. The drone strikes on Saudi Arabia’s Abqaiq and Khurais oil facilities on Saturday could lead to Aramco demanding a big discount on any upcoming listing. The IPO market has suffered its fair share of geopolitical tumult of late, but this long and keenly anticipated deal could wind up being the riskiest of them all.

    • 17 Sep 2019
  • Aramco banks plough on with 2019 IPO plans despite attacks

    Sources close to the listing of Saudi Aramco, the state-owned oil producer, have confirmed that they are working flat out to bring the Saudi company to market before the end of the year, despite attacks on its oil fields over the weekend.

    • 16 Sep 2019
  • The big pitch: bankers line up for $100bn Aramco IPO

    Global banks have been stepping up their pitches to win the mandate for oil giant Saudi Aramco's $100bn IPO during the second week of meetings, as competition heated up to win a spot on the on-again, off-again blockbuster sale.

    • 03 Sep 2019

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 39,239.04 223 7.74%
2 HSBC 37,928.36 307 7.48%
3 JPMorgan 36,802.10 191 7.26%
4 Standard Chartered Bank 27,333.34 227 5.39%
5 Goldman Sachs 19,742.96 89 3.89%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,719.43 36 12.00%
2 JPMorgan 9,063.29 36 11.19%
3 Bank of America Merrill Lynch 6,672.20 26 8.23%
4 Goldman Sachs 5,908.94 23 7.29%
5 Santander 5,334.22 29 6.58%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,089.61 67 11.90%
2 Citi 15,564.88 61 10.84%
3 Standard Chartered Bank 11,417.32 59 7.95%
4 HSBC 8,619.65 46 6.00%
5 BNP Paribas 8,531.65 24 5.94%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
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 ING 2,518.73 15 13.37%
2 UniCredit 1,953.88 13 10.37%
3 SG Corporate & Investment Banking 1,851.18 13 9.82%
4 Citi 1,187.74 11 6.30%
5 MUFG 1,085.56 8 5.76%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 2,905.23 23 16.40%
2 Barclays 2,077.67 20 11.73%
3 HSBC 1,823.74 19 10.30%
4 MUFG 1,658.78 15 9.36%
5 JPMorgan 1,584.80 18 8.95%