NO. 7


Financial and Banking News

Regional Financing

Kuwait Airways Seeks $786mn to Purchase 10 Airbuses

Kuwait Airways Corporation (KAC) is seeking $786mn in bank finance to fundthe purchase of 10 Airbuses. Bankers say that National Bank of Kuwait (NBK) isacting as lead manager and has sent out invitations to participate in the deal.NBK declined to confirm the role it is playing in the transaction but, asKuwait's biggest and soundest bank, it has a central position in...