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Kuwait’s Al-Mal Investment gets bond extension

Posted on 31 March 2010

From Reuters: Debtors of Kuwait’s Al-Mal Investment Co have agreed to defer repayment of 20 million dinars ($69.35 million) in bonds for a year, the company said on Tuesday.
The investment management firm, controlled by family-owned conglomerate Kharafi Group, said in a statement to the bourse that its bond holders had approved a one-year extension of payment till April 5, 2011………………………………..Full Article: Source

 
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