United Arab Emirates
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New hire joins after previous head went to Mizuho
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The Emirate is offering around 10bp premium to investors after narrowing from initial price guidance
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The only new CEEMEA bonds this week were from higher rated Middle Eastern issuers
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Middle East issuer is the first non-sovereign to print a bond since Russia's invasion of Ukraine
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Boubyan Bank has reactivated a deal put on hold by the Russian invasion of Ukraine
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The well known issuer also saw a high level of interest from international investors
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Kuwaiti lender Boubyan Bank put its sukuk on hold on Thursday after the Russian invasion of Ukraine shut down primary bond markets
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The wider CEEMEA primary bond market has been shut for a week but sukuk issuers are ploughing ahead
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UAE lender secures tight pricing, but Saudi lender may be a better bellwether of EM primary conditions
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Abu Dhabi ports and industrial zone goes public after raising Dh4bn
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Saudi lender adds sustainability link to riskier asset, which could be the first of many such AT1s this year
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Pipeline investor failed to meet funding target, but another Middle Eastern issuer tightened price