09.04.2013 - GCC issuers get benefit from record low cost
Corporate and infrastructure issuers in the Gulf countries are benefitting from sustained positive macroeconomic fundamentals and strong appetite from regional and international investors for high credit quality paper, according to a latest report by Standard & Poor’s. The issuers also took the advantage of historically low borrowing cost during the first quarter of 2013, the report added. Marking the first sovereign Islamic bond sale in the Gulf Cooperation Council (GCC) this year, Dubai launched a $1.25 billion two-part conventional and Islamic bond sale in January...............................................Full Article: Source
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