Middle East
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One of the credit lines will support the state-owned electricity provider's business in Egypt
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Turkish bonds have rallied in the past month to the point where printing a new bond would be feasible
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Other borrowers may have limited time to take advantage
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Appetite for IPOs in the country has been unaffected by Tecom's disappointing debut, according to bankers
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Credit an 'easy' sell but new issue will need to look juicy in difficult market
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Lenders can justify low margins or high risks by the bolt-on business they secure, except in the Gulf region
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Recent new bonds from both the Middle East and CEE have held up, although liquidity is low
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The palm oil company had made its sustainability loan debut last year
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The Middle East's booming IPO market has experienced its first setback of the year
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The Middle East's IPO market has suffered its first major flop this year
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