02.02.2011 - GCC capital markets start slow in 2011
From Zawya.com: First month of the year saw no IPO, 1 follow-on equity deal, and 2 bond issuances. This year started quiet as far as IPOs are concerned, with no new primary listings in any of the GCC bourse. This month, two bond offerings were made - First Gulf Bank's $208 million bonds maturing on 16 February 2012 and Emaar's $500 million sukuk, which have a maturity of 5.5 years at a yield of 8.5 per cent..............................................Full Article: Source
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