NO. 52


Financial andBanking News

Financial Flows

Kuwait to Resume Support for Spanish Investments with $2.4bn Injection

The Kuwait Investment Office (KIO) has signaled that it intends to remain amajor investor in Spain by announcing a $2.4bn capital injection for GrupoTorras, its principal Spanish holding company, and its related companies. Thiswill be done by capitalizing $1.4bn in debt previously extended to GrupoTorras, and injecting $1bn in cash, $400mn of which will...