Middle East
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Investors face taking on loss sharing, changing the fundamental nature of sukuk
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New enthusiasm for EM deals helps to counter Turkish oversupply worries
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It priced a little wider than fellow sovereign wealth fund Mubadala this time
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Demand was nearly eight times the deal size
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Islamic buyers are showing keen demand for subordinated sukuk
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Sovereign likely to return to finish off fundraising for 2024
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Orders for the sovereign wealth fund's second trade of the year were over $8.25bn
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Saudi oil giant will land close to the sovereign's curve, said one fund manager
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Slovenia is tapping a euro deal for the second time this year
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Saudi company hasn’t issued sukuk since 2021, when yields were too low for some buyers
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The first fresh debt from a Saudi bank since May is also expected in the form of AT1
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The bank is tendering for a tier two bond it did not call two years ago