Issues
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The Gulf kingdom is trying to tackle a very wide deficit and sky-high debt to GDP
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Gulf investors 'will now look at every deal', whether sukuk or not
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Hydrocarbons, power and infrastructure bulked large last year
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◆ Telefónica started 25bp tighter despite lower rating ◆ Both deals increased on bulging demand ◆ Spreads land close to fair value
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Long-time client Siemens one of four cornerstones
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Waterfall of promotions follows Karia's move to insurance post
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Kenny Rogers was only half right. You got to know when to hold 'em, know when to fold 'em. But don't walk away and never run
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◆ CSG's IPO and the rampant investment for defence companies ◆ Ukraine issuer back in bond market ◆ Fomo sapiens: investment bankings most joyless
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Largest ever defence IPO achieved 500-line book, double digit oversubscription rate
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Late-week surge shows investors remain hungry for paper despite macro volatility
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Primary market outcomes do not reflect the geopolitical reality