Warba Bank mandates for debut senior sukuk

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By Francesca Young
10 Sep 2019

Kuwait's Warba Bank is embarking on a roadshow to market its first senior unsecured sukuk. The dollar five year note is expected to be printed “around the 3% mark”, according to a DCM banker on the deal.

BNP Paribas, Emirates NBD Capital and Standard Chartered Bank are joint global coordinators. They are also, together with Abu Dhabi Islamic Bank, Bank ABC, Dubai Islamic Bank, NBK Capital and QNB Capital, joint lead managers and joint bookrunners.

“It’s always been Warba’s plan to come in ...

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