Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The trade may persuade other top-tier GCC sovereigns that the public market is open
The sovereign is focusing on price, not size
JP Morgan overtakes HSBC to go top for the region
New facility smaller than the original but 20% larger than the launch amount
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Islamic Development Bank launched its first euro benchmark on Wednesday, raising €650m with a five year bond.
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The order book for Islamic Development Bank’s €500m five year sukuk — its debut in euros— has shot past €650m, and the final spread for the note has been set.
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Mubadala Development Company has released initial price guidance for its benchmark 10 year bond at a level that is piquing investor interest, but tightening is expected.
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Bahrain’s Oil and Gas Holding Company (Nogaholding) has released initial price guidance for a dual tranche six year and 10 year bond issue. An investor said he was expecting minimal tightening before pricing.
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The Islamic Development Bank is out with initial price guidance for its debut euro benchmark sukuk — a €500m five year.
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Qatar National Bank has returned to the loan market to refinance a €2.25bn facility, the bank's second stint in the market this year.