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Thursday, October 9, 2025 21:23 GMT

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Top News of Kuwait

Kuwait Intl. Bank Issues 10.5-Year NC, 5.5-Year Sustainable T2 Sukuk Mandate

published:08/10/2025 10:44 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


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