Financial and Banking News
LOANS AND ISSUES
KFTCIC Issue Increased
The bond issue launched earlier this month (MEES, 7 September) for Kuwait Foreign Trading, Contracting and Investment Company (KFTCIC) has been increased from KD20mn to KD25mn as a result of strong demand from institutional investors. The issue price was also increased to 100.5%, as compared with the par price originally filed in the Official Gazette. The issue was lead managed by KFTCIC and National Bank of Kuwait (NBK)...
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