In a strategic move that reflects global investors’ trust, Burgan Bank K.P.S.C. has successfully priced its USD 500 million five-year senior unsecured international bond, with a spread of 115 basis points above US Treasuries. This proposed issuance, denominated in USD under Regulation S with a fixed coupon rate of 4.875%, to be issued through Burgan Senior SPC Limited under the USD 1.5 billion Euro Medium Term Note (EMTN) program, is expected to reflect the Group’s strong financial position, prudent policies, and sustainable approach to implementing its strategy across its various ...