Middle East
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Quality not quantity in a $1.1bn order book -
Demand for Turkey, where metrics are improving 'day by day', is still good, said one banker
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No premium needed for $750m seven year sale
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Issue watched closely to gauge demand for Turkish T2
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European banks return to the facility alongside 'more new GCC banks'
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New issue premium had been thought likely after heavy Turkish bank issuance in recent months
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A book heavy with long-only investors should support a recovery in the freshly listed Abu Dhabi stock
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Turkish banks see improved rollover ratios and declining pricing as Turkey’s economy gains lender confidence
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Real estate firm’s deal a rare example of sub investment grade corporate issuance from GCC
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Shares rise after second sale was ‘majority’ covered by international investors, in contrast with domestic IPO
