ASAR counsels KIB on AT1 Capital Certificates Issuance

ASAR advised Kuwait International Bank (KIB) in relation to its issuance of US$300,000,000 Additional Tier 1 Capital Certificates (Sukuk) by KIB Tier 1 Sukuk 2 Ltd. 

Rob Little (pictured) led the team, together with partner John Cunha , of counsel Emile Helou and associate Mustafa Sayed.

The Joint Lead Managers on this successful issuance were: Ab Dhabi Islamic Bank, Al Dawli Invest Investment Company, Bank of Sharjah, Citigroup Global Markets Limited, Dubai Islamic Bank PJSC, Emirates NBD Bank ., First Abu Dhabi Bank, Kamco Investment Company, Mashreqbank, SMBC Nikko Capital Markets Limited, and Standard Chartered Bank.