Financial and Banking News
Loans and Issues
Commercial Bank of Kuwait Reopens KD Bond Market with KD20mn Issue
The Commercial Bank of Kuwait is to raise KD20mn worth of medium-term debt byissuing a KD-denominated bond arranged and lead managed by the KuwaitInternational Investment Company (KIIC). The paper will mature in five years andwill carry an 8.85% coupon, issued at 100.75%, according to a filing with theCentral Bank which was carried in the official gazette,...