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Burgan Bank Closes a KWD 100,000,000 Tier 2 Capital Issuance
Burgan Bank K.S.C.P. has successfully closed its KWD 100 million Tier 2 capital issuance. The issuance has both a fixed rate and a floating rate tranche with the fixed rate coupon at 6.00% and the floating rate coupon at 6.20% ( CBK discount rate plus 3.95%). Burgan Bank received strong…
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Source: Burgan Bank