VOL. XLV
No 8
25 February 2002
KUWAIT
NBKs $450Mn Debut EurobondOversubscribed
National Bank of Kuwaits (NBKs) debut three-year floatingrate Eurobond closed oversubscribed at $450mn, according to a statement issuedby the bank. The issue, which was due to be launched last year but was postponeddue to market conditions, was originally set to raise $400mn but wassubsequently increased to $450mn the day after the launch and finally reportedtotal demand of $510mn (MEES, 4 February). The bond aims to...
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