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Most recent/Bond comments/Ad
Most recent
Books were nearly $3bn for its first trade in five years
The UAE district cooling company is a rare issuer, but a very well-known one
Excluding the first weeks of the last two years, it was the busiest week since early 2023
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The spread over the sovereign could be as little as 10bp-15bp -
Limiting the trade to $500m meant the issuer could get inside fair value
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Damac boosted the size to $750m from earlier guidance of $600m
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A trio of Gulf senior sukuk this year provide data points for pricing, on top of its own curve
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Issuer is a vital part of Saudi's mortgage and housing market
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The company has not issued for 18 months in public markets
