Aktif Bank, Turkey's largest privately owned investment bank, has received regulatory approval to issue 200 million lira ($91 million) in Islamic bonds, the Capital Markets Board said.
The lender will sell the sukuk to qualifi
Bahrain looks set to get a vote of confidence from international investors when it offers a 30-year bond worth at least $500 million, in its first sale of such a long tenor.
The kingdom yesterday (September 9) opened books for the
Bahrain issued revised price guidance for its 30-year benchmark bond issue, with the order book due to close at 0900 GMT on Wednesday, a document from lead arrangers said.
Pricing is now slated at a yield of 6 to 6.125 per cent, r
Emirates NBD (ENBD), Dubai's largest lender, plans to sell a benchmark-sized capital-boosting bond, a document from lead managers said on Monday, looking to take advantage of favourable markets to strengthen its reserves.
Kuwait's Burgan Bank has chosen banks to arrange meetings with investors ahead of a potential issue of a capital-boosting bond, a document from lead managers said on Thursday, in what would be the first such debt sale from a Kuwaiti entity.
Bahrain has chosen four banks to arrange investor meetings before a potential long-dated sovereign bond issue, said a document on Tuesday from lead managers for the kingdom's first debt issue in over a year.
The kingdom hopes
Bahrain has hired four banks including Citigroup, Gulf International Bank and Standard Chartered to arrange a new sovereign bond issue expected to be launched before the end of the year.
The government bonds are highly prized by financi
Malaysia-based International Islamic Liquidity Management Corp (IILM) has reissued $860 million of its three-month Islamic bond, the organisation said on Thursday.
The three-month sukuk, rated A-1 by Standard a
Commercial Bank of Qatar (CBQ) has set the final price guidance for its benchmark-sized, five-year, US dollar bond offering in the range of 117 to 120 basis points over mid-swaps, a document from lead arrangers showed on Tuesday.
UAE-based lender National Bank of Ras Al Khaimah (RakBank) has launched its debut $500 million, five-year debut bond after tightening he pricing, a document from lead managers said.
Tightened pricing for the bo