Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Investors are still showing big demand for the Dubai real estate firm's sukuk despite two sell-offs in a year
Wider currency mix helped meet demand for high grade paper with attractive yields from the region
The company has enjoyed two rating upgrades since its last sukuk issuance
Some price discovery needed due to sukuk format and long tenor
More articles/Ad
More articles/Ad
More articles
-
Demand for the real estate firm’s sukuk was mostly from local investors -
Middle East issuance, both Islamic and conventional, has dried up in part due to the high oil price
-
Investors see little reason to play in primary
-
But a busy holiday period means borrowers may have to wait until into June to test the market
-
Borrowers must be ready to jump into picky primary markets as stigma of failure falls
-
EM borrowers have little to lose by approaching investors. Cowering in the corner could have a higher price
