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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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Concession was higher than trades from earlier in the year -
Funding costs and new issue premiums are much higher than GCC issuers are used to
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A piece of very rare African senior bank issuance could also come this week
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Senior banker will move to Abu Dhabi to take up position
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Sovereign's trade will form a yardstick for concessions investment grade CEEMEA borrowers may need to offer
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
