Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The bank exercised a call date a month ago and has another late this year
Sovereign bond print went ahead despite missile and drone attacks just before pricing
Books on the dollar deal opened just hours after Iran attacked the country
Israeli issuer called its previous tier two early last year
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Mashreqbank printed its $500m five year dollar bond on Tuesday, with orders for the deal topping $1.8bn and leads reporting strong Asian demand for the note.
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A pair of Middle Eastern borrowers hit screens announcing bond roadshows on Monday, marking the end of a period of scanty supply for what is expected to be the busiest region in emerging markets bonds this year.
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Saudi Aramco is rumoured to have mandated banks for a bond planned later this year, but bankers and investors believe there is still a long road before a deal emerges.
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Emirates Development Bank is lining up to make its debut in bond markets, eyeing a $750m benchmark in February.
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Bahrain Mumtalakat Holding Company, the Bahraini sovereign wealth fund, has picked five banks to run a roadshow promoting a dollar sukuk benchmark.
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Mashreqbank, the largest privately owned bank in the United Arab Emirates, is embarking on a roadshow to market a dollar benchmark five year fixed rate Reg S senior unsecured bond.