Comment & Analysis
Retail Banking
Kuwait’s Boubyan Bank prices $500mln 5.5-year AT1 sukuk
Kuwait’s Boubyan Bank, rated A2 by Moody’s, A by S&P and A by Fitch (all with a stable outlook), raised $500 million from its latest debt issuance, with the perpetual non-call 5.5-year fixed rate AT1 sukuk priced at par with a coupon rate of 7.375% from IPTs in the 7.875%…
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