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Bank's $1bn sukuk continues the AT1 deluge despite resumption of air strikes
The energy-focused financial insitution returned to Islamic issuance earlier in 2026
The bank exercised a call date a month ago and has another late this year

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  • CEE
    Sovcomflot, the shipping company majority-owned by the Russian state, is planning to enter the debt capital markets. But the dollar bond mandate comes at a tricky time as military escalation between Russia and Ukraine has caused investor confidence of assets on both sides to fall.
  • Chinese financial technology company Ant Group Co will transform itself into a financial holding company as part of a government mandated restructuring that will affect its key payments, consumer lending and wealth management businesses.
  • An affiliate of department store Sogo Hong Kong has returned to the loan market for a HK$8bn ($1bn) deal to refinance a borrowing from 2016.
  • Riddhi Shah, head of Asia Pacific financing group (AFG) trading at Credit Suisse, has resigned after more than two decades with the Swiss bank.
  • Indonesia's Bank Mandiri has sold its first sustainability bond, raising $300m after an order book that was more than 10 times subscribed at its peak.
  • Metallurgical Corporation of China navigated tricky bond market conditions to raise $500m on Monday at a negative new issue premium, thanks to its standing among investors and the scarcity of state-owned perpetual deals.