VOL. XXXVI

NO. 45

9-AUGUST-1993

Financial and Banking News

REGIONAL FINANCING

International Investor Completes Kuwait Airways Financing

Kuwait-based finance company The International Investor (TII) disbursed thefinal tranche of a KD140mn ($465mn) facility to Kuwait Airways Corporation (KAC)on 27 July following the delivery of the seventh and final aircraft in the firststage of the airline's fleet expansion program. TII signed a letter of intentwith KAC in mid-April. An Islamic leasing facility was...