Middle East
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OCP and Sisecam dual tranche dollar deals fly, Kuwait International Bank sells AT1 -
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
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'Sensible' concession offered given waning enthusiasm
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Demand strong for $400m deal, despite Iran-Israel escalation
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Middle East bonds stabilise as world leaders urge against retaliation
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Iran's attack on Israel at the weekend did not cause a market panic
