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
-
At $1.5bn, the order book for Turkiye Finans’s $500m sukuk return on Tuesday was not to be sniffed at. But demand didn't reach the dizzy heights of this year’s other dollar sukuk deals, and that is thanks to the market’s last issuer, Damac Real Estate Development.
-
Turkiye Finans priced its $500m five year sukuk inside guidance at 5.375% on Tuesday. But while some market participants felt the early $750m interest received signalled a "sluggish" bookbuild, this grew to $1.5bn despite the tighter price – and demand continued in the secondary market.
-
Turkiye Finans will look to issue $500m of five year sukuk on Tuesday, said investors, with pricing for the notes expected to come around 375bp over z-spread by at least one investor.
-
IMG Theme Park has signed a Dh1.2bn ($326m) ijara financing facility with Abu Dhabi Islamic Bank (ADIB) and four other banks based in the United Arab Emirates.
-
DinarStandard a research and advisory firm based in New York, has appointed Rushdi Siddiqui as a senior partner and its head of Islamic economy.
-
The International Islamic Liquidity Management Corp (IILM) will re-issue $860m of commercial paper style sukuk next week – its third pricing of the year and fifth to date.