Financial and Banking News
LOANS AND ISSUES
Commercial Facilities Issues KD8mn Bond
The KD bond market last week saw another local issue, for the hire-purchasecompany Commercial Facilities Company SAK, which raised KD8mn from its firstever local bond issue. The issue is the smallest so far in the renascent Kuwaitibond market, and was co-led by Kuwait Foreign Trading, Contracting andInvestment Company (KFTCIC) and Gulf Investment Corporation (GIC). The issuealso...