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Books were more than double the deal's size at launch
Sovereign's Eurobond began about 40bp back of fair value, said leads
A Saudi real estate issuer is planning a sukuk, the sector's first trade since the Iran war began
Data
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IPO of Abu Dhabi state oil division set to raise more than $600m -
Bankers spot IPTs 50bp-60bp back of secondary levels
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2023 has been a slow year for Saudi Arabia's IPO market
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Using the dollar market makes sense, said one banker, as US investor interest in CEE increases
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High liquidity in Gulf means more sukuk during May and June
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The trades drew big order books and each issuer was able to crunch pricing by tens of basis points
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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
