Kamco Invest manages nine bonds & sukuks in 2024
- gceosocial
- Jan 6
- 1 min read
Updated: 5 days ago
Kamco Invest successfully lead and managed nine bond and sukuk issuances in 2024 worth US$ 4.2 billion. The transactions consisted of five sukuk and four bond issuances for financial institutions and corporates in Kuwait, Saudi Arabia, UAE and Bahrain.
The Debt Capital Markets team acted as Joint Lead Manager for three Kuwaiti issuers worth US$ 1.15 billion. These issuances include the first Perpetual Additional Tier 1 Capital Bond issuance denominated in Kuwaiti Dinar by a bank. The team also managed six regional issuances, three in UAE worth US$ 1.4 billion, two in Saudi Arabia worth US$ 1.15 billion and one in Bahrain worth US$ 500 million.
MD of Markets & Investment Banking, Mr. Abdullah AlSharekh said:
“We are proud to continue building our track record while setting new record highs in terms of value of completed transactions. Our strategic focus on fostering long-term partnerships and delivering innovative financing solutions and our involvement in a growing number of regional issuances have further solidified Kamco Invest’s position as a key player in the region’s debt capital markets.”
On his part, Executive Director of Debt Capital Markets, Mr. Omar Zaineddine said:
“Throughout our years of experience and solid track record, we managed to develop an efficient platform that assists clients and investors in achieving their goals by building longstanding relationships and staying attuned to market dynamics. As the market continues to grow, we look forward to exploring new debt opportunities and contribute to developing the financial landscape in Kuwait and across the region.”
