DIFC and DUBAL Make Late Charge to Secure Top Spots in Bonds

DIFC and DUBAL made late charges in the closing hours of voting on Monday, 17 August 2015 to book their slots in the final round of Global Financial Conference’s Bonds, Loans & Sukuk Middle East 2015 Awards. 

DIFC started the day in sixth position for the ‘Investment Grade Bond/Sukuk’ and in fifth place in the ‘Sovereign Financing Deal’ categories but moved up three positions in the final hours, and wrapped up the evening in second position, advancing still further to secure a finalist position by the close of voting.  

DUBAL meanwhile, moved from fifth to third position to secure a finalist berth in the ‘Syndicated Loan Deal of the Year’ Award category.  Emirates Airlines and Zakher Marine both secured finalist places in three categories.  ENOC, Noor Bank, Oman Electricity, Sharjah Islamic Bank, TECOM and Dubai World Trade Centre all secured two final places each.  

Amongst the arrangers, Dubai Islamic Bank, are involved in 20 deals that made it into the Final; EmiratesNBD and Noor Bank are involved in 18 deals and Standard Chartered and Abu Dhabi Islamic Bank are both involved in 15 deals. Meanwhile, HSBC involved in 12 deals, NBAD in 11, and Mashreq in 10 are the other worthy contenders for the ultimate honours.