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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Kuwait petrochemical firm Equate is scheduled to complete its $6bn loan this week, while Oman and Qatar continue syndicating their sovereign loans.
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Doha Bank is syndicating a $500m two year loan and commitments are due in mid-December. But at least three bankers have told GlobalCapital that they think the pricing is tight.
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Eqypt’s Banque Misr is finalising a $250m three year loan and will sign on Sunday, according to a banker close to the deal.
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Kuwait petrochemicals firm Equate is scheduled to complete syndication of $6bn of loans this week.
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Abu Dhabi based Gulf Marine Services (GMS) has signed a $620m loan refinancing and lowered the cost of the loans.
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The Dubai Gold and Commodities Exchange (DGCX) is set to launch trading of offshore RMB (CNH) futures contracts on December 18. The exchange is looking to leverage the RMB’s new-found status as an SDR currency, it told GlobalRMB.