Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The company has enjoyed two rating upgrades since its last sukuk issuance
Some price discovery needed due to sukuk format and long tenor
Oil giant's bonds were priced no more than 15bp over the sovereign's curve
The Gulf kingdom is trying to tackle a very wide deficit and sky-high debt to GDP
More articles/Ad
More articles/Ad
More articles
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Excluding the first weeks of the last two years, it was the busiest week since early 2023 -
Issuance volumes net positive for first time in years
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The spread over the sovereign could be as little as 10bp-15bp
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Limiting the trade to $500m meant the issuer could get inside fair value
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Damac boosted the size to $750m from earlier guidance of $600m
