VOL. XXXIV
NO. 52
30-SEPTEMBER-1991
Financial and Banking News
Regional Financing
Kuwait Pulls $500mn Citibank Deal as Uncertainty Remains overBorrowing
Kuwait has decided not to proceed with a $500mn repurchase facility whichwas to have been led by Citibank. The Kuwaiti decision was taken in the thirdweek of September after many weeks of discussions with Citibank and five or sixother banks (including Arab Banking Corporation and Gulf Investment Corporation)which were due to participate in the...
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