{"version":"1","article":{"id":"kuwait-kib-500m-senior-sukuk-pricing-2026","slug":"kuwait-kib-500m-senior-sukuk-pricing-2026","language":"en","url":"https://haberpaper.com/en/news/kuwait-kib-500m-senior-sukuk-pricing-2026","api_url":"https://haberpaper.com/api/v1/articles/kuwait-kib-500m-senior-sukuk-pricing-2026?lang=en","title":"KIB prices inaugural $500m five-year senior sukuk","summary":"Kuwait International Bank reported a 5.502% annual profit rate and said a separate 10 September notice recorded completion of the issuance and settlement.","category":"finance","region":"world","topics":[],"published_at":"2026-10-10T18:32:52+03:00","modified_at":"2026-10-10T18:32:52+03:00","publication_basis":"publication-record","event_period":"2026-09-05","event_period_basis":"event-or-reference-period","sources":[{"name":"Kuwait International Bank","url":"https://www.kib.com.kw/en/home/Personal/news/news-405.html","publishedAt":"2026-09-05","checkedAt":"2026-10-10"},{"name":"Boursa Kuwait disclosure by Kuwait International Bank","url":"https://ifsahdocs.boursakuwait.com.kw/DiscAssets/2026_18655/sukuk%20pricing%2003092026.pdf","publishedAt":"2026-09-03","checkedAt":"2026-10-10"},{"name":"Kuwait International Bank disclosure index","url":"https://www.kib.com.kw/en/home/Personal/about-us/Disclosures.html","publishedAt":"2026-09-10","checkedAt":"2026-10-10"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/kuwait-kib-500m-senior-sukuk-pricing-2026","api_url":"https://haberpaper.com/api/v1/articles/kuwait-kib-500m-senior-sukuk-pricing-2026?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/kuwait-kib-500m-senior-sukuk-pricing-2026","api_url":"https://haberpaper.com/api/v1/articles/kuwait-kib-500m-senior-sukuk-pricing-2026?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/kuwait-kib-500m-senior-sukuk-pricing-2026","api_url":"https://haberpaper.com/api/v1/articles/kuwait-kib-500m-senior-sukuk-pricing-2026?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/kuwait-kib-500m-senior-sukuk-pricing-2026","api_url":"https://haberpaper.com/api/v1/articles/kuwait-kib-500m-senior-sukuk-pricing-2026?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/kuwait-kib-500m-senior-sukuk-pricing-2026","api_url":"https://haberpaper.com/api/v1/articles/kuwait-kib-500m-senior-sukuk-pricing-2026?lang=es"}],"data_types":[],"data":null,"data_compilations":[],"data_downloads":[],"content":{"paragraphs":["Kuwait International Bank (KIB) said on 5 September that it had priced its inaugural senior unsecured sukuk at USD 500 million with a five-year tenor. The bank reported an annual profit rate of 5.502% and a final spread of 95 basis points over the yield on five-year US Treasury securities. It said the spread tightened by 30 basis points from initial price thoughts and the order book reached about USD 1.2 billion, or 2.4 times the issue size.","The sukuk was structured under Wakala/Murabaha as part of KIB’s USD 1.5 billion programme and received a final Fitch rating of A. KIB’s disclosure index lists a separate notice dated 10 September on completion of issuance and settlement; the 5 September release gave 10 September 2031 as the maturity date. The bank said the transaction was intended to diversify funding sources and strengthen its long-term funding base. These are issuer-reported transaction terms and expectations: the order book is not the same as net cash raised, nor by itself a measure of future funding costs."],"key_points":[],"sections":[]},"text":"Kuwait International Bank reported a 5.502% annual profit rate and said a separate 10 September notice recorded completion of the issuance and settlement.\n\nKuwait International Bank (KIB) said on 5 September that it had priced its inaugural senior unsecured sukuk at USD 500 million with a five-year tenor. The bank reported an annual profit rate of 5.502% and a final spread of 95 basis points over the yield on five-year US Treasury securities. It said the spread tightened by 30 basis points from initial price thoughts and the order book reached about USD 1.2 billion, or 2.4 times the issue size.\n\nThe sukuk was structured under Wakala/Murabaha as part of KIB’s USD 1.5 billion programme and received a final Fitch rating of A. KIB’s disclosure index lists a separate notice dated 10 September on completion of issuance and settlement; the 5 September release gave 10 September 2031 as the maturity date. The bank said the transaction was intended to diversify funding sources and strengthen its long-term funding base. These are issuer-reported transaction terms and expectations: the order book is not the same as net cash raised, nor by itself a measure of future funding costs.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"finance","url":"https://haberpaper.com/assets/illustrations/finance-1536.webp","width":1536,"height":1024,"alt":"Symbolic financial system with a vault door, columns and unmarked coins.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"finance","url":"https://haberpaper.com/assets/illustrations/finance-1536.webp","width":1536,"height":1024,"alt":"Symbolic financial system with a vault door, columns and unmarked coins.","language":"en"}}}