Financial and Banking News
Loans and Issues
Commercial Bank of Kuwait Bond Issue Signed
The KD20mn bond issue for the Commercial Bank of Kuwait (MEES, 23 October)was duly signed on 1 November. The coupon of the issue was changed to 8.625%,but it remained with a five-year maturity. Leading the issue, which is the firstprivate sector KD bond issue for a year, was Kuwait International InvestmentCompany (KIIC), with the following participants: Alahli Bank, Bank of...