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Published on 8/31/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Al Ahli Bank of Kuwait calls $300 million perpetual securities at par

By Devika Patel

Knoxville, Tenn., Aug. 31 – Al Ahli Bank of Kuwait plans to redeem all $300 million of its perpetual tier 1 capital securities at par plus interest to, but excluding, Sept. 26, the redemption date.

The retail and commercial bank is headquartered in Kuwait City, Kuwait.


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