Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Investors are still showing big demand for the Dubai real estate firm's sukuk despite two sell-offs in a year
Wider currency mix helped meet demand for high grade paper with attractive yields from the region
The company has enjoyed two rating upgrades since its last sukuk issuance
Some price discovery needed due to sukuk format and long tenor
More articles/Ad
More articles/Ad
More articles
-
The first deals of what is set to be an autumn glut of bond supply from the Middle East suggest many investors have forgotten about a host of fear factors, including some at the heart of the region’s rocketing international debt funding needs this year. But market participants are wary of the effect of a huge print due from Saudi Arabia, writes Virginia Furness. -
Sharjah Islamic Bank raised $500m with a five year sukuk on Thursday to take advantage of the interest in Middle Eastern assets.
-
Qatar National Bank made the most of its early mover advantage to pull in over $2.6bn of orders, nearly a third of which came from Asia, to print its $1bn trade with a slim premium on Wednesday.
-
Dubai’s Emaar Properties has picked banks for its first trade since 2014, a senior unsecured sukuk.
-
Qatar National Bank (QNB) hit the screens with the first benchmark trade from the Gulf Cooperation Council after the summer break on Wednesday, taking orders in excess of $2.4bn by 10am.
-
Primary markets have burst into life in CEEMEA with the Middle East the focus this week. Several mandates and a new deal from Qatar National Bank (QNB) have hit the screens.
