Kuwait's Boubyan Bank to meet investors ahead of potential Tier 1 sukuk

April 27, 2016 9:28 AM

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DUBAI, April 27 Kuwait's Boubyan Bank has picked banks for a series of fixed income meetings starting Sunday ahead of a potential dollar-denominated sukuk issue that will boost its capital base, a document from lead arrangers showed on Wednesday.

The sharia-compliant lender, a subsidiary of National Bank of Kuwait, has picked Dubai Islamic Bank, Emirates NBD Capital, HSBC, KFH Capital, National Bank of Kuwait, Standard Chartered and itself to arrange the meetings, it showed.

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