Middle Eastern banks pursue AT1 issuance
16 May 2025Increasing supply of AT1 sukuks demand larger NICs
The first bank out of the blocks this week was Kuwait’s Warba Bank (Baa2//A), which sold a USD250m PNC5 AT1 sukuk at 6.25%. This was on
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The first bank out of the blocks this week was Kuwait’s Warba Bank (Baa2//A), which sold a USD250m PNC5 AT1 sukuk at 6.25%. This was on
