Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Investors piled in orders more than four times trade’s size
Premium to dollars was in the high single digits, said a lead
The UAE bank capped the deal size at $500m, gaining some leverage over pricing
Attractive pricing versus dollars luring GCC borrowers back to the single currency
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Abu Dhabi Commercial Bank (ADCB), which is seeking a $300m loan from Asian lenders, is offering four participation tickets with details on the levels now available.
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Abu Dhabi Commercial Bank is raising a $300m new money loan from Asian lenders to tap a previously unused source of funding.
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Bahrain Commercial Facilities Company (also known as Bahrain Credit) has signed an $80m five year term loan with five banks.
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Alain Bifani, director general of Lebanon’s finance ministry, tells GlobalMarkets that he is about to launch a big infrastructure drive as a way of coping with the many challenges his country is facing as a result of the civil war that has engulfed neighbouring Syria since 2011 and forced ore than 1.5 million Syrian refugees to cross the border into Lebanon
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Bahrain’s dual tranche dollar benchmark attracted more than $6bn of orders on Wednesday despite investor expectations of an imminent jumbo issue from Saudi Arabia.
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After a slow start to the week, emerging market investors were offered a smorgasbord of options as borrowers from four continents and across the credit spectrum launched bonds in dollars and euros.