GCC
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The company's new loan is backed by a Korean export credit agency
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First new listing on Kuwaiti exchange for over a year was five times oversubscribed
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Sovereign gets bigger size and longer tenor in dirham despite closing market
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PIF's commercial paper programmes have been rated by S&P
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Deal is only fourth accelerated sale in a quiet year for Saudi blocks
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Market is particularly interesting for banks doing capital trades
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Company has offered the highest yields on Saudi Arabian new issues in the last few years
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Books were more than three times the deal's $1bn size, although orders did leave
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Gulf subordinated issuance far outstrips last year's volume
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The emirate paid no new issue premium for its latest sukuk, bankers said
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The emirate has been busy in other markets this year