Financial and Banking News

LOANS AND ISSUES

A1 Mal Leads Three Bond Issues 

The London-based Al Mal Group has reaffirmed its position as one of the leading Arab bond houses with lead management positions on three recent bond issues. Together with Morgan Stanley International and five others, Al Mal led a NZ$50mn issue for the Nordic Investment Bank. The five-year notes carried a 16% coupon with total commissions of 2%. Al Mal also acted as co-lead manager of a ECU40mn note issue for...