Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
The National Bank of Abu Dhabi (NBAD) has hired James Burdett from ANZ Bank as its new group chief financial officer. At ANZ Burdett was CFO of international and institutional banking.
-
Turkey’s Albaraka Turk and Kuveyt Turk plan to issue dollar sukuk before the Ramadan religious holiday in June, according to three people with knowledge of the matter. -
Taqa used the strategy of a capped size and fair starting point for price talk to print its $750m 10 year bond 10bp inside its outstanding curve on Tuesday, according to a lead manager. It built a $4.55bn book in the process.
-
Majid Al Futtaim’s $500m bond held its ground in the secondary market on Wednesday morning, after the Dubai shopping mall operator priced the 10 year note well inside guidance on Tuesday afternoon.
-
Emirates NBD on Wednesday became the third Middle Eastern issuer this year to take to the Kangaroo market, selling a five year bond. Despite a weaker rating than other Emirati banks seen in market, the deal found favour with Asian accounts as a result of an attractive spread.
-
Malaysian property firm Hua Yang plans to issue MR250m ($76m) of murabaha sukuk.
