Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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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National Bank of Abu Dhabi has raised $75m with a trio of private floating rate medium term notes, printing at its shortest maturity yet in the format, and more in such maturities could follow from banks in the region.
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Abi Dhabi Commercial Bank has released initial price thoughts equating to a 20bp new issue premium for its bond deal, according to a lead.
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The Loan Ranger's trusty companion Silver travelled to the Middle East to learn about the ways of Arabian stallions and the local market, but returned with tales of strange greeting rituals.
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Etihad Airways and five other airlines in which it owns stakes, printed an innovative $500m structured bond on Wednesday and bumped it up to $700m a day later on the back of a late reverse enquiry.
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Etihad Airways has tapped the $500m structured bond it sold on Wednesday for a further $200m. Despite this, the bonds have staying buoyant at around 101.25 bid.
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United Arab Bank (UAB) will close syndication for its $125m three year loan in the next few days, according to a banker on the deal.