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◆ Gulf private placements bite back ◆ Bond new issue premiums rise ◆ CLOs catch a break
Business has sagged in the third quarter, but the pipeline is busy, despite an intractable war
Private bonds are now being offered in the open market wider than where public deals trade
Data
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Emerging market governments have to placate the markets and their citizens
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The real estate firm's only sukuk has traded well since issued in February
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The tenor may be 'unusual' but the sovereign did not 'have much choice'
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Trade will test investor appetite for longer dated bonds, said one banker
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Saudi Arabia is the only other Gulf sovereign to have raised in euros
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The energy firm hopes to issue new vanilla bonds in the near future
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