Middle East
-
Demand for sukuk issuance is high among region's Islamic investors -
Real estate investor owned by Saudi wealth fund prices oversubscribed capital increase
-
The high likelihood of an Erdogan victory has prompted bondholders to flee Turkey debt
-
The property company drew a book over four times the issue size
-
Abu Dhabi real estate firm has crunched pricing by 25bp so far
-
Regional Islamic investors have plenty of cash and are piling into sukuk
-
Books hit over $27bn as investors rushed in to put their money to work
-
The real estate company will have to offer a chunky premium to other recent issuers from Abu Dhabi
-
IPO of Abu Dhabi state oil division set to raise more than $600m
-
2023 has been a slow year for Saudi Arabia's IPO market
-
High liquidity in Gulf means more sukuk during May and June
-
The trades drew big order books and each issuer was able to crunch pricing by tens of basis points
