VOL. XLV
No 20
20-May-2002
KUWAIT
GIC Plans to Launch $200-250Mn InEurobonds
Kuwait-based GulfInvestment Corporation (GIC) announced on 15 May that it has mandated DeutscheBank and Morgan Stanley as joint lead managers and book runners for its inauguralsenior Eurobond issue. The size of the issue which is expected to be in therange of $200-250mn will be determined on the basis of market conditions beforeits launch in June.
MEES understands that the bonds willbe used to expand the companys...
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