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20-Sep-2018

Al Ahli Bank of Kuwait prints USD300mn perpetual bond

Al Ahli Bank of Kuwait has issued a USD300mn perpetual bond, according to a bank document seen by Reuters. The Kuwaiti lender, rated A2 by Moody’s and A+ by Fitch, priced the Tier 1 paper on Wednesday with a coupon rate of 7.25%. 

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