Saudi Arabia
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Gulf lenders continue subordinated issuance spree with fresh SNB deal -
After a very busy period since June began, the pipeline has thinned out
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Another Saudi lender is preparing a senior debut
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Strong performance of recent Gulf capital deals bodes well for the upcoming sale
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Cornerstone investors agree to cover 77% of the Saudi utility's deal
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Bankers familiar with deal blame Iran-Israel conflict for price plunge
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More Gulf banks, outside Saudi Arabia, are preparing subordinated bond issues this month
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The market is calm, said bankers and investors
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Nearly all subordinated issuance this year from the region has been in the AT1 sukuk format
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Cash-heavy Islamic buyers allow sukuk issuers to grow 'more and more aggressive', said a banker
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New issue premium estimates differed for each tranche
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The company received its first credit rating this week
