GCC
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The liability management exercise came at the same time as a $5bn new issue -
Cooling firm is latest state-owned company to be floated in Dubai
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Bonds in euros from CEE fared better than dollar deals from the Middle East
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One bondholder did query how Saudi Arabia went about the exercise
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The development finance institution is offering a 'generous' spread, said one investor
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The strong demand for Saudi Arabia meant another GCC issuer could not tighten as much as hoped
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Bankers say Saudi Arabia's deal issued on the same day won't distract investors
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Saudi Arabia is issuing new debt even though financing needs for 2022 are complete
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UAE healthcare firm raises $300m in an oversubscribed domestic-only IPO
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The Saudi utility firm seeks a Sr11.5bn valuation
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Bond increased by $200m due to high demand
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Banker hails “bond beyond oil” but some green investors shun it
