Inside the shifting landscape of debt financing in the Gulf
Armineh Baghoomian, Managing Director and EMEA Head at PFG, reflects on the $300M they’ve deployed across MENA, the region’s debt literacy evolution, why Tabby was an obvious bet, the typical ranges in the Gulf for spreads, fees, warrants, and covenants, the green (and red) flags they watch for when founders come knocking, and what excites her most about RNPL and B2B BNPL.
