VOL. XXXVII
NO. 12
20-DECEMBER-1993
Financial and Banking News
Regional Financing
Kuwait Signs $825mn UK Export Credit/Commercial Deal
Kuwait signed an $825mn loan facility with a group of British and Gulf bankson 10 December. Britain's Export Credit Guarantee Department (EGCD) is providingcover for $675mn and a further $150mn will be provided in commercial finance.The money will be used mainly to finance a contract awarded to the Britishengineering group GKN under which it will supply more than...
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