Page 65 - Additional Tier News Today

/PRNewswire/ -- The Issuer today announces invitations to the holders of the outstanding 2016 USD AT1 Securities, 2017 USD AT1 Securities and 2019 SGD AT1...

(Bloomberg) -- Bank of Nova Scotia is set to become Canada’s first bank to sell a junior bond known as limited recourse capital notes in a currency other than loonies.  Toronto-based Scotiabank is reaching out to U.S.

The ‘ESG (Environment Social Green) tag should lower the coupon in this round of offering by about 15 basis points, compared with the usual AT1 sales by similarly rated entities, four people familiar with the matter told ET.

Private sector lender HDFC Bank on Wednesday fixed the coupon rate of its USD 1 billion additional tier- I (AT-1) bonds at 3.70 per cent per annum. The notes will be listed on the India International Exchange (IFSC) Limited, HDFC Bank said in a regulatory filing.

Dukhan Bank issues additional Tier 1 $500m sukuk in Qatar DOHA, 19 hours, 36 minutes ago Dukhan Bank announced the issuance of its debut Additional Tier 1 $500 million sukuk priced with a profit rate of 3.95 per cent, the lowest rate for this type of issuance in the Qatari market, according to a press release.   In addition to providing the lowest pricing in Qatar, the books were covered 4.5 times, peaking at $2.35 billion.   Chairman and Managing Director Shaikh Mohammed bin Hamad bin ...

Date Time HSF Advises Joint Lead Managers on ANZ’s A$1.5 billion Capital Notes 6 Offer Herbert Smith Freehills has advised the Joint Lead Managers of Australia and New Zealand Banking Group Limited’s (ANZ) offer of ANZ Capital Notes 6 (Notes). The offer also involved a reinvestment offer under which holders of ANZ Capital Notes 1 were able to apply to sell some or all of their ANZ Capital Notes 1 and reinvest the proceeds in the Notes or receive cash. The Notes are fully paid, convertible, ...

Kuwait's Ahli United Bank (BKME.KW) has given initial price guidance of around 4.375% for Additional Tier 1 U.S. dollar-denominated sukuk that will be non-callable for 5-1/2 years, a document showed on Wednesday.

Kuwait's Ahli United Bank (BKME.KW) tightened price guidance for its Additional Tier 1 U.S. dollar-denominated sukuk to 4%-4.125% from initial guidance of around 4.375%, a document showed on Wednesday.

By Reuters Staff 1 Min Read DUBAI (Reuters) -Kuwait’s Ahli United Bank has sold $600 million in Additional Tier 1 Islamic bonds at 3.875%, a document showed on Wednesday. Pricing on the bond tightened from an initial price guidance of around 4.375% after the debt sale attracted more than $1.7 billion in orders, the document from one of banks on the deal showed. Additional Tier 1 (AT1) bonds are designed to be perpetual in nature, but issuers can redeem or “call” them after a specified per...

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