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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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The Middle East's IPO market has suffered its first major flop this year
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Creditor waiver removes default risk but liquidity pressures remain
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Investor concern over "super-high" prices some issuers are willing to pay
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Latin American development bank opts to brave volatility to clinch €500m
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Naftogaz non-payment could foreshadow a sovereign default
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