Burgan Bank KPSC 2.75% 15-DEC-2031Burgan Bank KPSC 2.75% 15-DEC-2031Burgan Bank KPSC 2.75% 15-DEC-2031

Burgan Bank KPSC 2.75% 15-DEC-2031

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
2.75% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
4.02%
Maturity date
Dec 15, 2031
Term to maturity
7 years

About Burgan Bank KPSC 2.75% 15-DEC-2031


Sector
Finance
Industry
Major Banks
Home page
Issue date
Dec 15, 2020
ISIN
XS2265369491
Burgan Bank KPSC is engaged in the provision of commercial banking services. It operates through the following segments: Corporate Banking; Retail & Private Banking; and Treasury & Investment Banking. The Corporate Banking segment provides comprehensive products and services to corporate customers, which includes lending, deposits, trade services, foreign exchange, advisory services and others. The Retail & Private Banking segment provides a range of products and services to retail and private bank customers such as loans, deposits, credit and debit cards, foreign exchange, and others. The Treasury & Investment Banking segment includes treasury asset liability and liquidity management, investment services and management, fund management and any residual of transfer pricing. The company was founded on December 27, 1975 and is headquartered in Kuwait City.
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