Middle East
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Orders for the debutant's deal were building 'nicely' -
Dubai supermarket group's IPO is multiple times covered, say sources
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Debut trade from ADQ has been long-awaited, said one DCM banker in the Gulf
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A liquid market for follow-on share sales is the next step for the region’s equity capital markets
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OCP and Sisecam dual tranche dollar deals fly, Kuwait International Bank sells AT1
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Abu Dhabi book $15bn at first update, Apicorp mandates
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TBC Bank guides for AT1, Ziraat mandates for T2
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At the initial range, Spinneys will be valued at up to Dh5.5bn ($1.5bn)
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Deals are expected to go well, as investors have requested more of the paper
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Some of Turkey's top quality issuers are companies with strong followings but issuance has been sluggish
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One syndicate official off the deal expected at least 50bp of tightening
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Geopolitics and high supply forces higher new issue premium
