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The bank is offering over 100bp of premium to the Kazakh sovereign
The bank is the largest in the country and a close proxy for investors to the government
Data
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More Gulf issuers readying deals for after Eid -
Cheaper funding options elsewhere earn property firm a break from the bond market
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Huge books allow sale to price through curve, but bankers do not expect other deals to repeat issuer’s strategy
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The book passed over $1bn and included international accounts as well as the usual Islamic buyers
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CEEMEA corporate issuers have been mostly absent from the primary market this year and last
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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
