GCC
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OQEP was 2.65 times covered with 50-50 allocation to international and local investors -
Deal received ‘substantial’ interest from both local and international investors
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Mid-caps in the Gulf approach listings; LuLu in the UAE expected to be next big deal
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Omani oil and gas company listing set to break records
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Issuer's first Islamic issuance of 2024 takes over $2bn in demand
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Gulf primary bond market is strong despite escalation between Israel and Iran
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Investors not put off by escalating conflict in region
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Taqa's new debt attractively priced, said one fund manager
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The issuer could have issued last week but held off due to heavy competing issuance
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Investors face taking on loss sharing, changing the fundamental nature of sukuk
