
Kuwait’s Warba Bank’s AT1 sukuk price tightens to 6.25%
Kuwait’s Warba Bank has priced its $250 million AT1 sukuk at 6.25%, tighter than the original price guidance of around 6.5%. The perpetual non-call 5.5 year sukuk will have a benchmark yield of 4.148% with a reoffer yield of 6.250%. (Writing by Imogen …