Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Announcements could come as early as Monday, the two month anniversary of the last public GCC trades
Islamic investors have been a safe haven for Gulf issuers in the past, and can be now
Kuwait joins PP party
The Iran war has led to a flurry of private trades from the Gulf
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Kuwaiti petrochemicals firm Equate has signed $6bn of loans, with a range of lenders from different regions joining the five underwriting banks. -
Any hopes among European credit traders of easing back into 2016 with a peaceful first week were shattered from the outset on Monday, as spreads gapped wider due to China’s stock market woes and oil price volatility arising from Saudi Arabia’s new stand-off with Iran.
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Middle East bonds have sold off further on Monday morning as tensions between Iran and Saudi Arabia escalated and Chinese stock markets fell, damming the flow of bonds from the region that had been expected.
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Kuwaiti logistics firm Agility Public Warehousing Company is arranging its first loan since 2008, according to bankers.
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Kuwait’s Burgan Bank is wrapping up a year of busy financing activity from Middle Eastern banks. It completed a $350m loan on Wednesday, increased from $300m.
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Aegean Oil Terminal Corp, a Greek oil rig construction firm, has signed a $120m loan with four Gulf banks.
