Warba Bank $250 mln AT1 sukuk price guidance at 6.5%

Price guidance for Kuwait’s part state-owned Warba Bank $250 million AT1 capital sukuk offering is at the 6.5% area.

The Reg S category 2 5.5 year listing will list on Nasdaq Dubai and London Stock Exchange’s International Securities Market, with issuance expected 20th May.

(Writing by Imogen Lillywhite; editing by Daniel Luiz)

imogen.lillywhite@lseg.com