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Deal is only fourth accelerated sale in a quiet year for Saudi blocks
Market is particularly interesting for banks doing capital trades
Company has offered the highest yields on Saudi Arabian new issues in the last few years
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More articles
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Issuer started around 40bp wider than a fellow Israeli bank, said an off-deal banker
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Turkey's economic woes have subdued its IPO market for years
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Balkan sovereign readying multiple tranches after latest CEE deal more than 4.6 times subscribed
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GCC issuance has been limited to FAB and Saudi Arabia but is expected to pick up
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Tangelo, the issuer formerly known as Mexarrend and Docuformas, will not make coupon payment on January 24
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$2bn debut will likely be Israel's only benchmark of 2023 but taps or private deals possible
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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