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The lender has only printed AT1 in the dollar market during the last few years
International issuers look to Swissies for diversification, even if costs are higher
Peace agreement will be needed to restore normal enthusiasm
Data
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Demand from the Middle East for the sukuk was steady
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Funds will go towards a tender offer for its only bond, due in April
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Bond pricing for the mining company started about 43bp back of its parent
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Sovereign wealth fund takes $2bn, as aimed at
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Books for the short-dated trade are already three times covered
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There is 'huge' interest from the private sector to investing in Ukraine, but cash will not come during the war
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