Account log in



Forgot your password?

CI Seminars

CI Seminars

News & Credit Rating Announcements

19 April 2024 | Country: Kuwait | Bank: Burgan Bank KSCP

Burgan Bank – Initial Rating Assigned to Perpetual Additional Tier 1 Bond (up to KWD154mn)

Overview

Capital Intelligence Ratings (CI Ratings or CI) has assigned a first-time issue rating of 'BBB-' to Burgan Bank's (BB) proposed up to KWD154mn Basel III-compliant Perpetual Additional Tier 1 Bond. The bonds are to be issued by private placement. The Outlook assigned to the rating is Stable.

Attachments

  • Rating Announcement (CRA)
    PDF Download Available


Sign up here as a Member to view the CRA or to purchase the related report.