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Higher dollar yields dampen some of the callable demand
The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
Books were more than double the deal's size at launch
A Saudi real estate issuer is planning a sukuk, the sector's first trade since the Iran war began
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Orders for the sovereign wealth fund's second trade of the year were over $8.25bn
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Saudi oil giant will land close to the sovereign's curve, said one fund manager
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Saudi company hasn’t issued sukuk since 2021, when yields were too low for some buyers
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The first fresh debt from a Saudi bank since May is also expected in the form of AT1
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Runway for lessors to use sukuk paved by Air Lease last year
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Rump placement was 814% oversubscribed, Almarai shares to be distributed