Bahrain's Ahli United Bank tightens guidance for $300 mln Tier 1 bond

April 22, 2015 7:53 AM

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DUBAI, April 22 (Reuters) - Bahrain's Ahli United Bank has tightened price guidance for a $300 million bond issue that will enhance its Tier 1 capital reserves and will price on Wednesday, a document from lead arrangers showed.

The lender revised guidance to the 7.00 percent area plus or minus 12.5 basis points from initial guidance of the low 7 percent area set on Tuesday.

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