EMEA
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◆ Orbit prints 15 year trade after one day of marketing ◆ Demand peaks at five times the deal size ◆ Small new issue premium spotted
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Sukuk volumes much slimmer this year
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UK housing association returns with a 15 year sustainability-linked bond
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◆ 12 year bond surprises bankers with strong demand ◆ Orders fall as pricing tightens ◆ Deal lands close to fair value
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Sale comes after the expiry last month of a pre-emptive acquisition rights agreement between the main family holding companies
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Simbah Mutasa and Sjoerd Van Hooijdonk step up from regional leadership roles
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New government is seeking an IMF deal, which will likely require a debt rework
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Middle East tensions and rate volatility make investors more price sensitive
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Top 20 accounts take 85% of deal
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Ninety percent of book goes to long accounts as Reit issues for Manchester acquisition
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Issuance is running near record highs, while the autumn pipeline is expected to be busy
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Paying off external arrears will help get an IMF deal over the line