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Thursday, October 9, 2025 21:23 GMT
Kuwait International Bank (KIB), rated A (stable) by Fitch, has issued a mandate for Islamic bonds, eyeing a fixed rate resettable Reg S 10.5-year non-call and a 5.5-year Sustainable Tier 2 dollar-denominated sukuk offering with an expected issue rating BBB+ by Fitch. Citi and Standard Chartered Bank have been mandated as Joint Global Coordinators alongside Arqaam, ASB Capital, HSBC, Kamco Invest, KFH Capital, KIB Invest and QNB Capital that are working as Joint Lead Managers and Bookrunners...More