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The spread to the sovereign was well over 100bp at initial pricing
Kuwait joins PP party
The bank is capitalising on an investor base starved of CEE bank issuance
Data
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New bond will be the electricity company's second SLB in three months -
Orders for dollar tranche were more than $4bn, euro orders even higher
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Loans to strong credits in the Middle East are in high demand, banker says
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US election volatility means issuance may be more front-loaded than ever
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More than 12 regional and global banks joined the facility as Middle Eastern companies find M&A appetite
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
