Ahli United Bank Kuwait plans sukuk issue of up to $200 mln

August 16, 2016 8:54 AM

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DUBAI Aug 16 Ahli United Bank Kuwait has obtained approval from Kuwait's central bank to issue capital-boosting sukuk worth up to $200 million, the bank said on Tuesday.

The bank, a unit of Bahrain's Ahli United Bank, did not give a time frame for the issue but said it could include foreign and domestic currency tranches.

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