Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Investors are still showing big demand for the Dubai real estate firm's sukuk despite two sell-offs in a year
Wider currency mix helped meet demand for high grade paper with attractive yields from the region
The company has enjoyed two rating upgrades since its last sukuk issuance
Some price discovery needed due to sukuk format and long tenor
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Dubai-based hospitality group used recent real estate deals as comps -
Only one other UAE bank has an outstanding tier two bond
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ICBC won the sole mandate without having to pitch
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Any new social bond from Rakbank would be a first from the region
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Views vary on the exact new issue premium the emirate paid
