Original price guidance was 6.5%
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Kuwait’s Warba Bank has priced its $250 million AT1 sukuk at 6.25%, tighter than the original price guidance of around 6.5%.
The perpetual non-call 5.5 year sukuk will have a benchmark yield of 4.148% with a reoffer yield of 6.250%.
(Writing by Imogen Lillywhite; editing by Daniel Luiz)
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