Kuwaiti firm repays $500m maturing EMTNs

22 June 2010

Kuwait-based Gulf Investment Corp (GIC) has said it has repaid in full $500m of Euro Medium Term Notes (EMTN) maturing on June 22, 2010. The planned repayment of the maturing notes was made from cash that had been accumulated in order for GIC to manage its maturing debt profile, the firm said.

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