Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Damac boosted the size to $750m from earlier guidance of $600m
The bank landed well inside fair value estimates, according to three observers
Comparables are from shareholders like Saudi Arabia and other regional MDBs
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 -
The company has not issued for 18 months in public markets
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The bank has an outstanding issue with a first call date in March
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Loan will fund the investment company's purchases of non-oil and gas assets
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Higher than expected inflation sent yields more than 10bp higher
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A full implementation would mean radical change for issuers and investors
