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◆ Oil trumps politics ◆ Kuwait scores late winner ◆ How to save Thames Water harmlessly
Placement 3.7 times subscribed, weeks after regulator halted unauthorised marketing of a purported public offer
Cracks emerge in underlying quality as banks appear to teeter further into cautiousness
Data
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Market awaits Saudi’s next move -
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Leads see zero new issue premium, participants away from deal judged it higher
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Theon founder sells block in Cypriot defence company to increase free float
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Bankers say 5bp-10bp new issue concession a good result as investors stay firm on price
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Debt levels were far higher than reported under the previous government, as was the deficit
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
