National Bank Of Kuwait To Meet Investors For Potential Tier 1 Bond

The bank has mandated HSBC and Standard Chartered as joint global coordinators for the Tier 1 bond.



National Bank of Kuwait, the Gulf state’s largest lender, is to meet fixed income investors from Thursday for a potential dollar-denominated capital-boosting bond, according to a document from leads.

The bank has mandated HSBC and Standard Chartered as joint global coordinators for the Tier 1 bond, plus Citigroup, HSBC, National Bank of Abu Dhabi, NBK Capital and Standard Chartered as joint lead managers to arrange fixed income investor meetings in Asia, the Middle East and Europe, the document shows.