VOL. XLVII

No 08

23-February-2004

KUWAIT

CAPITAL MARKETS

Commercial Bank Of Kuwait Issues $203Mn In Bonds

Commercial Bank of Kuwait (CBK) has issued KD60mn ($203mn) in bonds in three equal tranches of KD20mn, it announced on 17 February. The bonds have a maturity of three years and are CBKs third bond issuance. They were joint lead-managed by National Bank of Kuwait (NBK) and Societe Generale and marketed to financial institutions, commercial companies as well as individuals. The issue attracted...