Middle East
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Dubai cool water manager completes flotation after two size increases -
Like its Turkish peers, DenizBank has signed for a smaller loan at a much higher price
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Observers praised the embattled issuer’s experience in picking the right moment to print
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One investor said that despite Turkey's economic problems the latest issue looks attractive
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Some lenders have cut back Turkish lending but banks do have less of a need for foreign currency
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The food franchisee plans to offer a 30% stake to investors
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Deal is already oversubscribed after one day of bookbuild
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One Turkish bank expects a third of lenders to drop out of loans this autumn
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Expected rollover rates in the latest Turkish bank loan refinancings suggest lenders are reducing their exposure
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New deals announced this week to keep market busy into year-end
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The size of the Turkish lender’s new loan is much reduced from previous deals
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Saudi Arabia’s IPO market has thrived this year despite the global downturn
