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CFC completes $180 mln bond issuance

Posted on 19 December 2011

Commercial Facilities Company (CFC), a leading Kuwaiti consumer finance company, has announced the successful completion of a KD50 million ($180 million) local bond issuance in which NBK Capital acted as the lead manager.
CFC is the largest non-bank consumer lender in Kuwait, with gross installment debtors’ portfolio of approximately KD297 million ($1,067 million) as of December 31, 2010, a statement from the company said………………………………………..Full Article: Source

 
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