Burgan Bank brings first Kuwaiti tier one perpetual

By Francesca Young
28 Aug 2014

Burgan Bank has scheduled investor meetings for the first ever international perpetual tier one bond from a Kuwaiti issuer. The Reg S benchmark dollar bond is being arranged by Citi, HSBC, JP Morgan and National Bank of Abu Dhabi.

The roadshow starts in Singapore on Thursday September 4, moving to Hong Kong on Friday, Abu Dhabi and Dubai on Sunday, Zurich and Geneva on Monday and finishing in London on the following Tuesday.

Burgan Bank, rated A3/BBB+/— has a $400m tier two bond outstanding that it ...

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