Kuwait Finance agrees deal to restructure $495m debt

08 June 2010

Kuwait Finance & Investment has reached a five-year agreement with its 22 local and international lenders to restructure its KD145m ($495m) debt. According to the agreement, the debt is scheduled to be paid in four tranches, with the first settled on the day of the signing of the agreement and the last settled on December 31, 2014.

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