DUBAI Oct 10 Ahli United Bank Kuwait
will hold roadshows in the Gulf, Europe and Asia for fixed
income investors starting on Wednesday ahead of a potential
capital-boosting sukuk issue, arranging banks said on Monday.
The funds would be raised to enhance the Kuwaiti bank's Tier
1 core capital.
The lender, 67.33 percent owned by Bahrain's Ahli United
Bank according to Thomson Reuters data, will hold a
roadshow in the United Arab Emirates on Wednesday, followed by
meetings on subsequent days in Switzerland and London, before a
final day of discussions in Singapore next Monday.
Citigroup, Credit Agricole and Credit Suisse will arrange
the roadshows and the sukuk issue will follow subject to market
(Reporting by David French; Editing by Susan Fenton)