VOL. XLIV

No 49

3-December-2001

KUWAIT

KuwaitsNBK And KFC Lead Manage NIGs KD35Mn Domestic Bond

TheNational Bank of Kuwait and the Kuwait Financial Center have successfullyissued a KD35mn ($114.2mn) domestic corporate bond for the local NationalIndustries Group (NIG) to be used to refinance an existing issue. MEESunderstands that the five-year issue, which will be signed officially thisweek, has been fully subscribed, mainly by institutional investors andindividuals of high net worth, and...