Middle East
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UAE-based property developer offering a long three year deal
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Volumes of Formosa from Gulf banks have risen sharply from 2024 levels
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United Carton Industries IPO institutional bookbuild covered 126 times
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Initial interest came from the bookrunners
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The logistics firm has set the size of its latest sukuk at $1.5bn
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Government has unveiled a plan to address fiscal problems
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Saudi bank knocked 50bp off yield thanks to $2.4bn book
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The wealth fund is the second state-owned issuer from Abu Dhabi in as many days
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The country's debt levels are very high, and weaker oil prices are a threat
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The company is well known to emerging market corporate bond investors
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The RCF brings PIF-owned lessor aircraft company's immediately available facilities to $2.25bn
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The company is offering investors about 40bp of concession at initial price talk, said a lead