Middle East
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Issuers of senior debt are under little pressure to print, and can wait
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The US bank is reshuffling several roles in the Middle East
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Observers wanted 30% of allocations to go overseas, but ENBD fell a little short
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Demand for new bonds has not dropped off since the Iran war started, but new issue premiums have jumped
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Tight price and strong book reported as market awaits geographic breakdown
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Flood of AT1s expected to follow the first public trade from the Gulf in over two months
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Announcements could come as early as Monday, the two month anniversary of the last public GCC trades
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Islamic investors have been a safe haven for Gulf issuers in the past, and can be now
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Hong Kong dollar issuance grows 33% year-on-year in private placements
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Underwater trading was due to softer market conditions on Thursday, said a syndicate banker
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