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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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Some market participants remain unsure of the sovereign’s strategy
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Hopes grow of more life in primary market
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Ruling family offers 8.75% for sukuk
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The Republic of Bulgaria has tightened pricing on both tranches of its dual tranche Reg S only bond with combined books standing at over €3.8bn.
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Gonzalo Álvarez-Cañedo will relocate to New York to take top job
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IDB-guaranteed facility will help fund tender offer for some of country’s international bonds
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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