Gulf Companies Join Emerging Market Rush to Borrow

A spate of Persian Gulf companies are looking to raise debt, joining a similar rush in other global emerging markets, after the U.S. central bank delayed cutting its easy-money program.  Concerns about the Federal Reserve tapering its $85 billion-a-month bond-buying program had hurt the appetite for riskier debt in the past few months amid worries about an end to the massive liquidity that has flowed into emerging markets.

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