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Burgan Bank Intends to Redeem KD100 Million, Subordinated Tier 2 Bonds Issued in 2016

Kuwait’s second largest conventional bank by asset size – successfully placed US$500 million Subordinated Tier 2 Capital Securities in the international debt capital markets in December last year.  The bonds have an eleven-year tenor and an option for redemption after six years from the date of their issuance (11NC6), and…

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Source: Burgan Bank

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