VOL. XLIV

No 34

20 August 2001

KUWAIT

NBK To Launch Debut Eurobond InSeptember

NationalBank of Kuwait (NBK) has mandated JP Morgan and Morgan Stanley to lead-manageits debut dollar-denominated eurobond, a source at the bank confirmed to MEES. While the exact amount of theissue has yet to be determined, it will likely be in the range of $300-450mnand is due to be launched at the end of September. Market sources suggest thatappetite for the bond should be solid, given the strength of NBK, one of...