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Dubai [UAE], April 28 (ANI/WAM): Bank of Sharjah acted as a joint lead manager and bookrunner in a USD300 million Additional Tier 1 (AT1) 5.5-year sukuk for Kuwait International Bank (KIB), alongside other international and regional banks. The transaction represented the first US dollar Additional Tier 1 (AT1) issuance from Kuwait since 2021 and marked Kuwait International Bank’s (KIB) third issuance into the US dollar capital markets. This follows the successful launch of an inaugural AT1 sukuk in 2019 and a Tier 2 sukuk in 2020. The issuance garnered strong demand, evidenced by order books t…

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