Iran aims to overhaul its banking sector by tackling non-performing loans (NPL) and imposing tougher capital requirements after years of isolation, a senior central bank official said, adding the country was working on a Eurobond issue.
The Lebanese Republic is offering to exchange any or all of its $750 million 8.5 per cent January 2016s for new debt maturing in November 2024 and 2028, according to a regulatory filing.
The sovereign is lookin
Bahrain has sent out a request for proposals to banks ahead of a potential Eurobond issuance, according to two sources.
The sovereign, rated Baa2/BBB/BBB, plans to issue the note through its central bank.
Abu Dhabi's Mubadala has hired six banks to lead manage a new Eurobond issue, according to several market sources.
The state-owned fund has appointed Bank of America Merrill Lynch, Credit Agricole CIB, Deutsche Bank, Goldman S
Lebanon's dual-tranche Eurobond, placed earlier this week, was significantly oversubscribed with the $225 million tranche receiving bids four times the size of the issue.
The bigger $500 million bond, maturing in November 2018, was twi
Lebanon has mandated Bank of Beirut and Credit Suisse to lead manage a refinancing of Eurobonds maturing this month, the finance ministry said.
"The offering is expected to be launched and priced in the near future, subject to market condi
Strong demand for Jordan's upcoming debut Eurobond issue will help a rebound in FDI, underpinned by the country's macro economic fundamentals and political stability, the finance minister said on Thursday.
Ahead of a London roadsho
Jordan is set to launch its debut Eurobond this month and the issue is expected to be worth at least $500 million, a source at one of the lead managers said on Monday.
The source confirmed that Jordan had chosen Arab Bank, Credit Suisse, H
Deutsche Bank, a leading global investment bank, has been appointed as fiscal agent for the two-part $3.5 billion Eurobond transaction for Qatari Diar Finance of Qatar.
“We are very pleased to have been selected by Qatari Diar Finance to a
Jordan aims to launch its first $500 million Eurobond by early October to capitalise on greater investor confidence and tap lower-cost funding, the finance minister said on Monday.
Mohammad Abu Hammour said the government aimed to raise mo