Top section
Top section
◆ Gulf issuers turn to private markets ◆ Public sector and corporate borrowers to bring forward plans ◆ Banks re-enter covered and unsecured funding markets
Nigeria plans a total return swap, following peers on the continent in the last 12 months
Even if ceasefire succeeds, investors will still want a risk premium
Data
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Dubai Islamic Bank has priced at fair value
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The company is by far the most prolific issuer of hybrids in the Gulf
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Recent sluggishness experienced by a Saudi AT1 is unlikely to be repeated for KFH's deal
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A $300m replacement size is needed, but the issuer may go slightly larger
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The US shutdown has not stopped deals, but its end may make primary even better
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