Industrial and Commercial Bank of China, the country's largest bank by assets, is due to price on Monday a benchmark-sized, five-year debut bond issued by its Dubai branch, a document from lead managers said.
The deal, rated A
The Central Bank of Bahrain has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been fully subscribed by 100 per cent.
Subscriptions worth BD26.1 million ($68.7 million) were received
DP World, one of the world's biggest port operators, is expected to raise $500 million from a five-year bond issue, a document from lead managers showed on Monday.
Investor meetings for the dollar-denominated offering ended in
UAE's leading telecommunications operator Etisalat will raise up to $500 million through a re-opening of its June 2019 bond, which is expected to price later on Tuesday, a document from lead arrangers showed.
Price guidance fo
State-owned Oman Electricity Transmission Co (OETC) plans to meet fixed income investors for a potential debut US dollar bond issue, a document from lead arrangers showed.
The firm, which develops, operates and
Bahrain-based Ahli United Bank (AUB) Group may raise $4 billion in bonds, loans or any other similar subordinated financial instruments, following shareholder approval for the proposal, it has emerged.
The election of Hamad Al Hum
Bank of Bahrain and Kuwait (BBK) has announced the closing of a bond issuance of $400 million.
The issuance of an international senior unsecured bond with a five-year maturity date targeted professional investors in the Middle Eas
More borrowers from the Gulf are likely to sell euro-denominated bonds after this week saw the first such benchmark issue by a Gulf financial institution in at least nine years, bankers say.
Emirates NBD (ENBD), Dubai's larges
National Bank of Egypt (NBE), the oldest commercial lender in the North African country, has invited banks to pitch for arranger roles on a potential dollar-denominated bond issue, two banking sources said on Thursday.
A deal for
BBK, formerly known as Bank of Bahrain and Kuwait, has launched a $400 million, five-year bond which is set to price at the wide end of guidance, a document from lead managers showed on Tuesday.
The transaction will have a spread