GCC corporates headed to capital markets for longer term funding | GulfNews.com

GCC corporates headed to capital markets for longer term funding | GulfNews.com:



"Post global financial crisis, corporates from the Gulf Cooperation Council (GCC) countries are increasingly seeing benefits of seeking longer term funding through both debt and equity capital issuance, said Stuart Anderson, Managing Director & Regional Head Middle East of Standard& Poor’s.



The overall positive economic environment in these countries, combined with the lessons learned during the financial crisis and recent market reforms are encouraging many corporates in the region to seek capital market funding.



While government-related entities [GREs] are looking at diversifying their funding sources through capital market issuance, Anderson expects medium-size corporates to be the big game changers in terms of debt and equity issuance from the region."



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