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National Bank of Kuwait Sells $750 Million in Perpetual Bonds

The National Bank of Kuwait sold US$ 750 million of perpetual bonds offering a 4.5% yield. The global coordinators on the deal were JPMorgan, Citi, NBK Capital, and Standard Chartered. Perpetual bonds do not have a maturity date. Earlier in the month, NBK and Kuwait Finance House arranged a 5-year…

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