VOL. XXXV
NO. 52
28-SEPTEMBER-1992
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...
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