12.01.2011 - Gulf issuers have $70bln debt due, Standard Chartered says
From Arabianbusiness.com: Borrowers from the six-nation Gulf Cooperation Council will have to offer investors higher-yields as they seek to refinance about $70bn of debt maturing this year, according to Standard Chartered. “With significant debt maturities coming into the year and concerns over transparency for some GCC economies, risk premiums will build up and this will serve to push up borrowing costs,” Nafees Akbarali, regional head of fixed income, currencies and commodities trading at the London-based bank said..............................................Full Article: Source
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