Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The company has enjoyed two rating upgrades since its last sukuk issuance
Some price discovery needed due to sukuk format and long tenor
Oil giant's bonds were priced no more than 15bp over the sovereign's curve
The Gulf kingdom is trying to tackle a very wide deficit and sky-high debt to GDP
More articles/Ad
More articles/Ad
More articles
-
Qatar Islamic Bank was able to tighten its spread by 25bp on its five year dollar sukuk benchmark on Tuesday.
-
Qatar Islamic Bank has launched its $750m five year benchmark sukuk at 150bp over mid-swaps.
-
Emirates NBD brought its first additional tier one (AT1) bond to market on Wednesday, printing the Middle East’s largest deal in the format. Now others in the emerging markets are set to follow.
-
Dubai-based payments company Network International has kicked off investor education for its IPO on the London Stock Exchange, which is expected to value the business in the region of $3bn, according to a source close to the deal.
-
Emirates NBD came to market for its first additional tier one bond on Wednesday morning, printing what what data suggests is the Middle East’s largest ever deal in the format.
-
A slowdown in loans activity in Europe and the Middle East has thrown the market’s usual supply-and-demand dynamics out of balance. Now although international lenders are eager to lend, they are having to make concessions to borrowers.