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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Abu Dhabi's Union National Bank has closed books for its three year loan and will increase it from the launch size of $500m, according to a banker on the deal.
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Lebanon has sent out its request for proposals for a new Eurobond, just as Moody’s warned that political protests reflect growing instability that could hit economic growth and confidence in the banking system.
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First Gulf Bank — Yapi Kredi Leasing — Ardian
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Bank of America Merrill Lynch and Wells Fargo are coordinating First Gulf Bank’s $1bn loan, which has all-in pricing of 85bp over Libor.
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Saudi Electricity Co has received approval from its executive committee for a new sukuk programme and a revolving credit facility. If the firm deploys the former this year it should help breathe life into a sukuk market that has lost much of its steam after a strong start to the year.
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Kuwait International Bank (KIB) signed a $320m three year Sharia-compliant loan on Monday, amid a run of deals from Middle Eastern banks.