Gulf one has advised and arranged a $23.50 million Islamic debt refinancing transaction for the Gulf University for Science and Technology (GUST), the largest private sector university in Kuwait.
The transaction was successfully closed in early 2012 with Kuwait International Bank (KIB) as the sole lender. Gulf One combined its regional network, leading structuring skills and extensive debt arrangement experience to deliver multiple benefits for GUST including a more favourable profit rate, longer tenor and better security structure………………………………………..Full Article: Source