Kuwait Projects mulls ten-year benchmark bond

08 July 2010

Kuwait Projects Co (Kipco) is considering a benchmark-sized bond issue with a 10-year tenor, making it the first offering from a Kuwaiti corporate this year, Reuters has reported. Joint lead managers on the deal are HSBC, Citi, and BNP Paribas. Pricing is expected this week depending on investor response. The bond roadshow closed on Tuesday.

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