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National Bank of Kuwait, the country's largest lender, has given initial price guidance for six-year US dollar-denominated bonds of around 115 basis points over US 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.
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