Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Central banks in the region have stepped in with support and lenders are thought unlikely to let sub debt extend
Higher prices and concessions mean many issuers will wait for better days
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It’s been a turbulent summer in emerging markets, but borrowers in the Middle East in particular are already eyeing their return to the market.
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The cost of buying credit default swaps on Turkish five year government debt has stopped its upward trajectory and eased lower, even as the country’s standoff with the US continues.
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Berlin property company ADO Properties had planned to issue its second corporate bond in recent weeks, following a successful investor update. However, a high profile bribery case in Israel has put the deal on hold for now.
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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.