Kuwait sets initial talk for five-, 10-year dollar benchmark notes

By Christine Van Dusen

Atlanta, March 13 – Kuwait set initial talk for a dollar-denominated issue of notes due in five and 10 years (expected ratings: /AA/AA), a market source said.

The five-year notes were talked in the Treasuries plus 100 basis points area and the 10-year notes were talked in the 120 bps area.

JPMorgan, Citigroup, Deutsche Bank, HSBC, NBK Capital and Standard Chartered are the bookrunners for the Rule 144A and Regulation S deal.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.