DIFC Investments, the investment arm of Dubai's financial free zone, will complete sukuk issue of up to $700 million later on Tuesday, with price guidance tightened slightly from earlier indications, a document from lead managers showed.
Saudi Basic Industries Corp (Sabic), the world's largest petrochemicals maker by market value, has set initial price guidance for a benchmark-sized dollar-denominated bond offering, lead managers said on Wednesday.
Qatar National Bank (QNB), the country’s largest lender, is expected to sell at least $500 million in a new bond issue on Wednesday, a document from lead managers said, its second debt markets foray this year.
State-owned utility Dubai Electricity and Water Authority (Dewa) has set a price guidance of 8.50-8.625 per cent, two leads said, tighter than an earlier indication of 8.75 per cent.
One of the leads said the order book of the Dewa issue,