Kuwait International Bank lines up debut AT1 sukuk

Kuwait_230
By Lewis McLellan
21 May 2019

Kuwait International Bank hit screens on Tuesday morning announcing a roadshow for its first ever bond — an unrated additional tier one sukuk with a five year call date.

Citi and Standard Chartered received the mandate as global co-ordinators. The leads have arranged a roadshow, which started in Singapore on Thursday, moves to Hong Kong on Friday, United Arab Emirates on Sunday and London on Tuesday.

“We expect to come to the market immediately after ...

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