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The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
Books were more than double the deal's size at launch
A Saudi real estate issuer is planning a sukuk, the sector's first trade since the Iran war began
Missile alert stunted flow, but pricing still the main barrier
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Saudi mortgage provider will offer a premium to its sovereign, and deal will carry a guarantee -
The emirate could break EM reoffer spread records, and has broken those for CEEMEA
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The spread was tight, despite the deal's large size
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The Saudi mortgage provider trades about 15bp-20bp over the Kingdom's curve
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Property company's sukuk comes two months after $500m sukuk
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Trade will be priced close to, or level with, what the bank would pay in dollars, said a lead
