ESB Capital handles $500M Sukuk for Kuwait Bank
ASp Capital announced that it managed the issuance of a $500 million, 5-year sukuk for the National Bank of Kuwait. The demand from investors exceeded $1 billion, more than twice the size of the issuance. The sukuk was listed on the London Stock Exchange, with major regional and international financial institutions participating in the issuance. This is the second assignment for ASp Capital from the National Bank of Kuwait in less than a year, reflecting ongoing investor confidence in financial institutions across the Gulf Cooperation Council.
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