United Arab Emirates
-
Leads looked at recent European AT1 deals, but picked ADIB's summer trade as price comp -
The Emirate of Dubai has rebooted its privatisation programme after a year of no activity
-
The bank hopes its green print will prove a blueprint to others
-
The note would be the bank's first trade since its blowout tier one sukuk in the summer
-
The price range is enticing funds with a chunky dividend yield of 9.9%-8.4%
-
The sovereign wealth fund paid no concession for its green debut
-
The book has passed $5.5bn for a deal under $1bn
-
International investors are expecting a big sukuk premium
-
Even highly rated Emirates NBD had to offer investors a healthy new issue concession
-
The cost of developing and issuing new types of securities is worthwhile in the long run
-
Recent US Treasury volatility meant the Emirates bank played safe on pricing
-
The Dubai real estate firm is a 'niche' issuer for investors, said one fund manager
