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
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The Saudi Capital Markets Authority has approved a resolution allowing NCB Capital to raise funds for a new Saudi ETF, linked to the MSCI index, via an IPO.
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Public Investment Fund, the sovereign wealth fund that invests for the government of Saudi Arabia, is seeking global bank lenders for a debut loan.
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Kuwait Foreign Petroleum Exploration Co (Kufpec) has mandated banks for a five year loan of around $1bn, according to two sources.
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HSBC has appointed Gareth Thomas as head of global banking for the Middle East, North Africa and Turkey. He starts in the new job in September.
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Aluminium Bahrain (Alba) is working to get the final part of its second export credit agency-backed loan by the end of this quarter. The deal will wrap up the multibillion dollar-equivalent financing for one of the largest brownfield projects in the Middle East.
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Maaden Bauxite and Alumina Co has amended and refinanced $2.1bn-equivalent of long term debt. The subsidiary of Saudi Arabian Mining Co has locked in better terms on its debt than the loans being replaced.