Five international banks were chosen to arrange Egypt’s dollar-denominated eurobond issuance on 5 January 2018. The institutions are HSBC, JP Morgan, Morgan Stanley, Citibank and the National Bank of Abu Dhabi (NBAD), Finance Minister Amr El-Garhy announced on Thursday. El-Garhy said the $4bn eurobond issuance will be at the end of January 2018, which is …
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DUBAI: Debt capital markets activity in the Middle East North Africa region should exceed last year’s total amount as firms rebalance their borrowing away from loans towards the bond market, Morgan Stanley executives said on Sunday. Loan volumes in MENA slumped significantly in 2011, down 36.8 percent to $39 billion, and much has been made …