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Most recent/Bond comments/Ad
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Tight price and strong book reported as market awaits geographic breakdown
Flood of AT1s expected to follow the first public trade from the Gulf in over two months
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
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The Egyptian General Petroleum Corp has agreed a loan of over $1.3bn with banks.
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Dubai Islamic Bank (DIB) has picked banks for a tier one dollar sukuk, and is preparing to kick off what debt bankers expect to be a rush of tier one issuance in conventional and Islamic format from the Middle East.
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Debt bankers away from Dubai Islamic Bank’s perpetual sukuk roadshow are eying the deal as an indicator of what Middle East primary pricing will look like after the savage drop in oil prices zaps liquidity in the region.
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European stockmarkets began the first full week of the year in pitiful shape. Shares plummeted on Monday, as political concerns surrounding Greece and the falling price of oil further spooked investors.
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Debt bankers away from Dubai Islamic Bank’s perpetual sukuk roadshow are eying the deal as an indicator of what Middle East primary pricing will look like after the huge drop in oil prices zaps liquidity in the region.
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Palm Hills Development, the Egyptian property company, will convene a meeting of its board of directors on January 12 to discuss launching a rights issue.