Home GCC Bahrain Bahrain’s Ahli United Bank Tightens Guidance For $300m Tier 1 Bond The perpetual, non-call five deal at present has commitments from lead arrangers worth $600 million, documents showed. by Robert Anderson April 22, 2015 Bahrain’s Ahli United Bank has tightened price guidance for a $300 million bond issue that will enhance its Tier 1 capital reserves and will price on Wednesday, a document from lead arrangers showed. The lender revised guidance to the 7.00 per cent area plus or minus 12.5 basis points from initial guidance of the low seven per cent area set on Tuesday. Ahli United, rated BBB-plus by Standard & Poor’s and Fitch, has chosen Goldman Sachs, HSBC and Morgan Stanley to arrange the bond. The perpetual, non-call five deal at present has commitments from lead arrangers worth $600 million, the document showed 0 Comments