Kuwait International Bank (KIB) announced the successful pricing of a USD 300 million Tier 2 Sustainable Capital Sukuk. This achievement forms part of the Bank’s ongoing strategy to strengthen its financial position and reaffirm its commitment to ESG and sustainability principles. KIB achieved significant success with the offering, which carried an annual yield of 5.535% and an oversubscribed order book that peaked at more than seven times, reaching USD 2.1 billion. The Sukuk were priced at 175 basis points above U.S. Treasury yields, signaling strong market demand and confidence in ...