Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Only one Gulf issuer has printed a blue bond in the public market
Some say UAE central bank liquidity has prompted banks to retrench
Cracks emerge in underlying quality as banks appear to teeter further into cautiousness
The trade may persuade other top-tier GCC sovereigns that the public market is open
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Egypt’s Banque Misr signed its $250m three year loan on Sunday with five lead banks.
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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.