Saudi Arabia
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Shariah-compliant credit facility expected to play 'pivotal role' for the borrower -
Combined books for the two trades came to nearly $8bn
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AT1s and senior deals from Saudi and Bahrain are expected early in the week
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Sovereign has taken out two-thirds of the year's international funding plan in one swoop
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The facility is being used to drive Saudi investment in industries away from petrochemicals
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Sovereign jumps in to make a start on gargantuan funding plans
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Sustainable sukuk has strong optics, but some have concerns about secondary performance
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◆ Austrian bank completes strategic capital refi ◆ Investor response show 'no consensus' on pricing for 'very esoteric name' ◆ New deal has lower funding cost than March's pulled attempt ◆ Other debut issuers show deeply subordinated capital remains desirable
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Saudi Arabia's wealth fund sold a 2% stake in telecoms utility
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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
