Kuwait Finance House gives initial guidance for AT1 sukuk – document

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DUBAI, June 23 – Kuwait Finance House has given initial price guidance in the 4% area for U.S. dollar-denominated Additional Tier 1 sukuk, or Islamic bonds, that will be non-callable for 5-1/2 years, a document showed on Wednesday.

KFH Capital, Standard Chartered , Boubyan Bank , Dubai Islamic Bank Dukhan Bank, Emirates NBD Capital , First Abu Dhabi Bank and Mizuho Securities are arranging the deal, which is expected to launch later on Wednesday, the document from one of the banks showed.

Reuters

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