Kuwait
-
A consortium of 12 banks were involved in providing the facility -
Books were over $2.1bn for a $1bn trade
-
The Kuwaiti bank was one of GCC's first issuers in 2024
-
Demand came from a diverse group of investors, said one lead
-
Rare tier two bonds and an additional tier one will price this week
-
The vast majority of issuance from Kuwait is from banks, making this a rare opportunity for buyers
-
Books were two times covered for three Gulf banks bonds this week
-
Sub-investment grade issuance from Gulf banks is very rare
-
KFH’s debut looks set to print inside fair value, according to one investor
-
Existing shareholders and sector specialists keen on shares in German carmakers
-
The Middle Eastern bank returns to the loan syndication market for the first time since 2009
-
Kuwaiti lender went ahead but another Middle East issuer waited for a better window
