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Saudi’s Bank AlJazira mandates USD AT1 notes
The Saudi-listed Bank AlJazira, rated A3 (Stable) by Moody's / A- (Stable) by Fitch, has mandated banks for the issuance of dollar-denominated AT1 capital certificates, which will come under its tier 1 capital certificate issuance programme launched last week. The issuance is expected through a special purpose vehicle with banks…
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