Kuwait
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Books were over $2.1bn for a $1bn trade
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The Kuwaiti bank was one of GCC's first issuers in 2024
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Demand came from a diverse group of investors, said one lead
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Rare tier two bonds and an additional tier one will price this week
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The vast majority of issuance from Kuwait is from banks, making this a rare opportunity for buyers
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Books were two times covered for three Gulf banks bonds this week
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Sub-investment grade issuance from Gulf banks is very rare
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KFH’s debut looks set to print inside fair value, according to one investor
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Existing shareholders and sector specialists keen on shares in German carmakers
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The Middle Eastern bank returns to the loan syndication market for the first time since 2009
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Kuwaiti lender went ahead but another Middle East issuer waited for a better window
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Boubyan Bank has reactivated a deal put on hold by the Russian invasion of Ukraine