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KIPCO bond response to encourage Kuwait issuers-BNP

Posted on 09 October 2009

From Reuters: Strong demand for Kuwait Projects Co’s $500 million bond this week will encourage more Kuwaiti issuers, and showed fixed-income investors were diversifying within the region, one of the arrangers said.

The bond, the first out of Kuwait in 2009 and the first international bond issued by a Gulf Arab private sector company this year, was seen as a significant indicator of investor appetite………………..Full Article: Source

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