by Amruth Sundarkumar | Jun 10, 2021 | Financial Institutions, Perpetual Bonds
Ahli United Bank raised $600mn via a Perpetual non-call 5.5Y (PerpNC5.5) AT1 Sukuk at a yield of 3.875%, 50bp inside initial guidance of 4.375% area. The bonds are unrated. Ahli United Perpetual Sukuk is the issuer and Ahli United Bank KSCP is the obligor. The bonds...
