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The rare issuer has links to the Dubai sovereign
The wealth fund hopes to secure a funding arbitrage compared to dollars
Renewable infrastructure a 'hot sector' for funding
Recent Gulf euro issuance has been 'very tightly priced' to dollars
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Demand was nearly eight times the deal size
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Islamic buyers are showing keen demand for subordinated sukuk
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Orders for the sovereign wealth fund's second trade of the year were over $8.25bn
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Saudi oil giant will land close to the sovereign's curve, said one fund manager
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Saudi company hasn’t issued sukuk since 2021, when yields were too low for some buyers
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The first fresh debt from a Saudi bank since May is also expected in the form of AT1