IAG convertible raises $506m for Vueling dealThe International Airlines Group has raised 390 million euros ($506 million) through a convertible bond issue to help to fund the purchase of low-cost carrier Vueling. Chief executive Willie Walsh said in a statement on Tuesday th More… |
IAG convertible raises $506m for Vueling dealThe International Airlines Group has raised 390 million euros ($506 million) through a convertible bond issue to help to fund the purchase of low-cost carrier Vueling. Chief executive Willie Walsh said in a statement on Tuesday th More… |
Dubai repays $909m bonds on maturityThe government of Dubai has fully repaid Dh3.34 billion ($909 million) of bonds which were due on April 23, the emirate's media office said in a statement on Sunday. The repayment was part o More… |
Gulf bond issuance to hit $37bn in 2013Total US dollar-denominated bond issues from the six Gulf countries are expected to hit $37 billion in 2013, dominated by sales from Dubai, according to a research report from Standard Chartered. More… |
Al-Azhar approves bonds law with changesEgypt's top religious authority on Thursday put its stamp of approval on a law that allows the government to issue Islamic bonds but said a few changes would have to be made first. Al-Azhar, More… |
Qatar promises $3bn more aid to EgyptThe Qatari government has agreed to provide an additional $3 billion of aid to Egypt, Qatar's Prime Minister Sheikh Hamad bin Jassim al-Thani said on Wednesday. "We reached an agreement to add more bonds from the Qatari g More… |
‘Sleeping giant’ debt market awakes in Saudi ArabiaAfter years in which the growth of Saudi Arabia's bond market lagged its economy, the market is taking off as local companies rush to issue debt - though low returns are keeping foreign investors on the sidelines. Traditionall More… |
Blame the Euro, not CyprusCo-CEO and co-founder of Saxo Bank, Lars Seier Christensen believes that the real problem is not Cyprus, it is the Euro, as he has written in his latest blog post. After a few disturbing weeks, I would like to wrap up my comments More… |
Gulf bonds' order books not as solid as they seemBond and sukuk issues from the Gulf region in the past few weeks have drawn huge investor order books but then performed poorly in the secondary market - a sign that some of the orders are not as solid as they appear. More… |
Egypt parliament approves Islamic bond lawEgypt's parliament approved on Tuesday a law allowing the issuance of Islamic bonds which could provide the heavily-indebted government with a new form of finance. The Islamist-led upper hou More… |








