Bank of Sharjah acts as Joint Lead Manager, Bookrunner in USD300 million sukuk

Dubai [UAE], April 28 (ANI/WAM): Bank of Sharjah acted as a joint lead manager and bookrunner in a USD300 million Additional Tier 1 (AT1) 5.5-year sukuk for Kuwait International Bank (KIB), alongside other international and regional banks.

The transaction represented the first US dollar Additional Tier 1 (AT1) issuance from Kuwait since 2021 and marked Kuwait International Bank's (KIB) third issuance into the US dollar ca