Financial and Banking News
LOANS AND ISSUES
Arab Banks Co-manage 23 Bond Issues
Arab banks and financial institutions have co-managed the 23 bond issues listed below in recent weeks, excluding issues which were lead managed by Arab banks. Reflecting the popularity of bank issues, 10 of the 12 FRNs co-managed by Arab banks were for other banks, and banks also issued two of the five straight issues involved and two of the six equity-related issues. The three leading Arab houses were Arab...