National Bank of #Kuwait starts selling dollar senior bonds - document | Reuters

National Bank of Kuwait starts selling dollar senior bonds - document | Reuters

National Bank of Kuwait (NBKK.KW), the Gulf country's largest lender, has given initial price guidance for six-year U.S. dollar-denominated bonds of around 115 basis points over U.S. Treasuries, a bank document showed on Thursday.

Citi (C.N), JPMorgan (JPM.N) and NBK Capital are global coordinators and BofA Securities (BAC.N), Goldman Sachs International (GS.N), HSBC (HSBA.L), MUFG (8306.T) and Standard Chartered (STAN.L) are joint lead managers and bookrunners.

The bonds will be non-callable for five years and are expected to launch later on Thursday, the document from one of the banks on the deal showed.