'Heroic' Burgan Bank prices debut AT1 in tricky market

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'Heroic' Burgan Bank prices debut AT1 in tricky market

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Burgan Bank priced its debut additional tier one (AT1) bond in what bankers on the deal said were challenging conditions on Tuesday. While the point of non-viability (PONV) premium is up for debate, bankers away from the deal said that the deal looked to have been priced fairly.

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