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◆ Gulf private placements bite back ◆ Bond new issue premiums rise ◆ CLOs catch a break
Business has sagged in the third quarter, but the pipeline is busy, despite an intractable war
Private bonds are now being offered in the open market wider than where public deals trade
Data
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Saudi Arabia’s privatisation drive continues with regional utility company Marafiq
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Ceske drahy and CEE issuers are ready to go, but PIF is holding back
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Conservative incumbent beats expectations but right and left wing victors would both bring risks
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Over $4bn leaves EM funds in a week
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Huge shake up at Citi DCM includes several senior staff
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Not calling bonds can annoy investors but it does offer an opportunity
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