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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
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The well known issuer also saw a high level of interest from international investors -
Global equity investors are getting a taste for the Gulf region, attracted by a busy pipeline, strong trading performances and high hydrocarbon prices. Being well away from Ukraine also helps.
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Sukuk investors still keen on new issues but international buyers remain wary
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Regional investors had high demand for first ever sustainability AT1 sukuk
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Order book tops $3bn in for Saudi lender's additional tier 1 deal
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Dollar benchmark marks return of state-owned utility
