Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Higher prices and concessions mean many issuers will wait for better days
Borrowers from the Gulf region have a track record of remarkable primary market prints
Asian buyers are sensitive to geopolitical turmoil in the Middle East, but they do return
More articles/Ad
More articles/Ad
More articles
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Pricing calculations vary but demand expected to be good -
There are technical reasons for such wide spreads, in particular very low liquidity
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Credit an 'easy' sell but new issue will need to look juicy in difficult market
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Lenders can justify low margins or high risks by the bolt-on business they secure, except in the Gulf region
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Recent new bonds from both the Middle East and CEE have held up, although liquidity is low
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Both lenders and borrowers hate the pricing on offer, depending on which part of the market they occupy
