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ZAWYA: Egypt's Al Ahly Pharos completes securitised bond issuance for Valu

Staff WriterEgypt - Al Ahly Pharos Investment Banking, the investment banking arm of the National Bank of Egypt (NBE), has announced the successful completion of the third issuance under the eighth securitisation programme for U Consumer Finance S.A.E. (Valu), with a total value of EGP 744m.Al Ahly…

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NEWS zawya

ZAWYA: UAE's RAKBANK raises $600mln from 5-year bond issue

Staff WriterNational Bank of Ras Al Khaimah (RAKBANK) has raised $600 million through the issuance of five-year senior unsecured Reg S notes.The benchmark-sized issue has a coupon of 5.375% and a reoffer price of 99.835 to yield 5.413%.The bonds were priced at a spread of 125 basis points over US T…

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ZAWYA: Mashreqbank prices $500mln 5.5-year perpetual AT1, books over $1bln

Staff WriterDubai-based lender Mashreqbank has priced its $500 million perpetual non-call 5.5-year AT1 at par, with a 6.625% fixed rate annual coupon. The issuance has a yield of 6.625% with a T+242bps spread margin.IPTs on the benchmark-sized offering were in the 6.875% area.The final orderbook wa…

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Deutsche Telekom AG: Release of a capital market information

Deutsche Telekom AG/ Disclosure in accordance with Art. 5 (1) lit. a) of Regulation (EU) No. 596/2014 and Art. 2 (1) of Commission Delegated Regulation (EU) No. 2016/1052Deutsche Telekom AG: Release of a capital market information01.07.2026 / 06:00 CET/CESTDissemination of a Post-admission Duties a…

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State Power Investment Corp Takes Stake in Shanghai Lianhe Rihuan Energy Tech

Shanghai Lianhe Rihuan Energy Technology Co., Ltd. has added State Power Investment Corp (SPIC) as a shareholder and increased its registered capital to about RMB 730 million from about RMB 190 million, a rise of roughly 285%, according to 36Kr. The company was founded in December 2018 and is legal…

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