Saturday 19 April 2014
 
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Basis points

IPIC to raise $2.9bn in three-tranche bond

International Petroleum Investment Co (IPIC), an investment fund controlled by the Abu Dhabi government, is to raise the equivalent of $2.9 billion through a new three-tranche bond issue, lead arrangers said on Tuesday. The transa

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Bahrain $1bn bond seen pricing over 200bps

Early price guidance on Bahrain's $1 billion sovereign bond issue is seen in the low-200 basis point region over midswaps, sources said on Tuesday. The issue would be the first sovereign bond by a Gulf state to come to market after ind

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