Middle East
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The note would be ENBD's first in dollars this year after Kangaroo and UAE dirham notes -
Uzbekistan plans a dollar and som deal next week and others are lining up
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Bankers disagree on how much issuance there will be and who could print, but investors are keen
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The company is strong and has a good ESG profile, but ownership is a question mark
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The bank paid only a slim concession, if any
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Turkish borrowers are forming a queue to issue, said one banker
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Dubai-based hospitality group used recent real estate deals as comps
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Only one other UAE bank has an outstanding tier two bond
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ICBC won the sole mandate without having to pitch
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Oil and gas driller prices this year's biggest Saudi Arabian IPO at top
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Any new social bond from Rakbank would be a first from the region
