1 Day
Source:
البلاد
Kuwait Issues $6B in Bonds
An international bond issuance worth $6 billion was launched in Kuwait through three tranches with maturities of 3, 5, and 10 years, amid strong investor demand totaling $14.8 billion. This led to a reduction in the pricing cost by 25 basis points compared to the initial level. This operation comes after Kuwait’s eight-year absence from international bond markets, during which it previously raised $11.25 billion in a similar issuance. The success occurred amid Kuwait’s interception of drone attacks launched from Iran and its condemnation of the attacks and the claims made by the Houthis militia against Saudi Arabia.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)