From Bloomberg: Kuwait Finance House agreed to First Investment Co.’s rescheduling plan, Al-Qabas reported, citing unidentified people familiar with the matter.
First Investment, the Kuwait Islamic finance company known as Al-Ola, owes more than 50 percent of its total liabilities to Kuwait Finance House and is still seeking approval from five remaining creditors to restructure debt, the newspaper said…………………………………….Full Article: Source