DEBT CAPITAL MARKETS

DCM have one of the strongest and widest debt placement capabilities in the region

NBK Capital’s Debt Capital Markets group is a leading arranger of fixed-income securities for companies in the MENA region. As a trusted advisor and partner to companies and institutions, Debt Capital Markets structure innovative debt solutions — both conventional and Shariah-compliant — to address the unique capital requirements of each client.

Leveraging NBK Capital’s investor base and the extensive network of National Bank of Kuwait Group, DCM have one of the strongest and widest debt placement capabilities in the region. Debt Capital Market’s excellent reputation for consistently bringing quality issuances to market is well known and respected by institutional and retail investors.

NBK Capital has assisted prominent regional companies to raise more than USD 14.6 billion in conventional and Islamic financing, and completed more than USD 1.0 billion in debt restructuring assignments.

Our Debt Capital Markets Group provides the following services:

  • Conventional Debt Securities
  • Islamic Debt Securities
  • Structured Debt Securities
  • Rating Advisory
  • Restructuring Advisory
  • Financing Advisory

Debt Capital Markets Group has advised on some of the largest recent deals in the region including:

  • KNPC’s KD1.2bn corporate loan syndication to part finance the Clean Fuels Project (Tranche 1)
  • NBK’s KD125 million, 10-non-call-5 Tier 2 (Basel III) compliant Bonds
  • NBK’s US$700 million, perpetual AT1 (Basel III) compliant Capital Securities
  • Burgan Banks KD100 million, 10-non-call-5 LT2 (Basel II) compliant Bonds

NBK Capital assisted prominent regional companies raise over USD 14.6bn in conventional and Islamic financings, and completed over USD 1.0bn in debt restructuring assignments since 2005. The following transactions are a testament to our debt capital markets capabilities:

Company Name Kuwait National Petroleum Company (member of KPC Group)
Deal Size KD 1,200,000,000
Deal Corporate loan syndication to part fund The Clean Fuels Project (Tranche 1)
NBK Capital Role Exclusive Financial Advisor to Borrower
Date April 2016
Company Name National Bank of Kuwait S.A.K.P
Deal Size KD 125,000,000
Deal Tier 2 10-Non-Call-5 Bonds
NBK Capital Role Joint Bookrunner and Joint Lead Manager
Date November 2015
Company Name National Bank of Kuwait S.A.K.P
Deal Size USD 700,000,000
Deal Additional Tier 1 Perpetual Non-Call 6 Capital Securities
NBK Capital Role Joint Bookrunner and Joint Lead Manager
Date April 2015
Company Name Utilities Development Company
Deal Size KD 182,000,000
Deal Syndicated Term Loan for refinancing and financing the expansion of Sulaibiya Wastewater Treatment Plant
NBK Capital Role Advisor to Mandated Lead Arranger
Date December 2014
Company Name Burgan Bank
Deal Size KD 100,000,000
Deal Subordinated Lower Tier II Bond Issue
NBK Capital Role Joint Lead Manager and Arranger
Date December 2012
Company Name Kuwait Projects Company (Holding) (KIPCO)
Deal Size KD 80,000,000
Deal Bond Issue
NBK Capital Role Joint Lead Manager and Bookrunner
Date January 2012
Company Name Commercial Facilities Company S.A.K
Deal Size KD 50,000,000
Deal Bond Issue
NBK Capital Role Lead Manager and Bookrunner
Date December 2011
Company Name United Real Estate Company
Deal Size KD 40,000,000
Deal Bond Issue
NBK Capital Role Joint Lead Manager and Bookrunner
Date June 2010
Company Name National Industries Group
Deal Size USD 1,500,000,000 Program
Deal Sukuk Al Mudaraba
NBK Capital Role Joint Lead Manager and Bookrunner
Date August 2007
Company Name Injazzat Real Estate Company
Deal Size USD 60,000,000
Deal Sukuk Al Ijara
NBK Capital Role Mandated Lead Manager and Bookrunner
Date July 2007
Company Name Kuwait Financial Centre (Markaz)
Deal Size USD 100,000,000
Deal Bond Issue
NBK Capital Role Joint Lead Manager and Bookrunner
Date July 2007