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The new issue premium was slim, thought observers
State-controlled company is seeking further financing after surge in jet fuel prices
Largest of three IPOs in Turkey struggles to get covered, smaller ones multiple times oversubscribed
Data
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Announcements could come as early as Monday, the two month anniversary of the last public GCC trades -
Islamic investors have been a safe haven for Gulf issuers in the past, and can be now
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Underwater trading was due to softer market conditions on Thursday, said a syndicate banker
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In 2022, the Kazakh railway company aborted plans to issue in dollars
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The bank is offering over 100bp of premium to the Kazakh sovereign
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
