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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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Investors say multilateral guarantee gives little comfort
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While some issuers took encouragement from Hungary’s and Jordan's deals, most buyers remain cautious
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Hopes rise after Hungary raises good size
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Just 39% of bondholders have agreed to switch into proposed 2029s
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One banker warned selling a new bond would still be tough for some of Jordan's peers
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Central American multilateral sells green bond two months after postponing dollar deal
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
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Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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