National Bank of Kuwait starts selling dollar senior bonds - document

[September 09, 2021]  DUBAI (Reuters) - National Bank of Kuwait, the Gulf country's largest lender, has given initial price guidance for six-year U.S. dollar-denominated bonds of around 115 basis points over U.S. Treasuries, a bank document showed on Thursday.

Citi, JPMorgan and NBK Capital are global coordinators and BofA Securities, Goldman Sachs International, HSBC, MUFG and Standard Chartered are joint lead managers and bookrunners.

The bonds will be non-callable for five years and are expected to launch later on Thursday, the document from one of the banks on the deal showed.

(Reporting by Yousef Saba; Editing by Stephen Coates)

[© 2021 Thomson Reuters. All rights reserved.]

Copyright 2021 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.