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National Bank of Kuwait starts selling dollar senior bonds – document

September 9, 2021 by David Barret Leave a Comment

September 9, 2021

DUBAI (Reuters) – National Bank of Kuwait, the Gulf country’s largest lender, has given initial price guidance for six-year U.S. dollar-denominated bonds of around 115 basis points over U.S. Treasuries, a bank document showed on Thursday.

Citi, JPMorgan and NBK Capital are global coordinators and BofA Securities, Goldman Sachs International, HSBC, MUFG and Standard Chartered are joint lead managers and bookrunners.

The bonds will be non-callable for five years and are expected to launch later on Thursday, the document from one of the banks on the deal showed.

(Reporting by Yousef Saba; Editing by Stephen Coates)

Source Link National Bank of Kuwait starts selling dollar senior bonds – document

David Barret
David Barret

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