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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
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Deal aligns with government drive to develop local market -
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Dar Al Arkan, a speculative grade issuer, hit the top end of its size target
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Investors may be tiring of GCC real estate issuance but borrower is a familiar face
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The clean energy firm attracted orders over $3.7bn by midday in London
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
