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NI Group Plans $150Mn GDR Issue

Kuwait痴 National Industries Group (NI Group) awarded themandate on 21 September to ABN Amro, Kuwait Financial Center and Prime Corp. toact as global coordinators and managers for a global depositary receipt (GDR),according to a statement from NI Group. The GDR issue will be at least $150mnand is scheduled for the first quarter of 2000. The issue will be the first ofits kind in Kuwait, and according to NI Group will be the...