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.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications