"The bonds carry a fixed rate coupon of 8.875%, and priced at a spread of 608 bps over the US dollar mid-swap curve," the company said in a statement.
BNP Paribas, Goldman Sachs and JP Morgan were arranging the issue.END
![Reblog this post [with Zemanta]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_uUYX6HNl30PfJpaflFcLAyE6dRNuO9KImDlXRYjysK0w02fSGqcaXzM4JClzu6St69C45tC-y_nYf9_9d-NyMG4ez7n2YsG6UoELIhRz3eP1Il6VoEzL9EMBDEuuYmiA5sezlB43PNRacsZ41wYpIm=s0-d)
Wednesday, 7 October 2009
Kuwait's Kipco US$500 bond oversubscribed
Kuwait Projects Co., Kipco, the countrys largest non state-owned investment firm, said on Tuesday its seven-year US$500 million benchmark bond drew orders worth US$3.3 billion.
"The bonds carry a fixed rate coupon of 8.875%, and priced at a spread of 608 bps over the US dollar mid-swap curve," the company said in a statement.
BNP Paribas, Goldman Sachs and JP Morgan were arranging the issue.END
"The bonds carry a fixed rate coupon of 8.875%, and priced at a spread of 608 bps over the US dollar mid-swap curve," the company said in a statement.
BNP Paribas, Goldman Sachs and JP Morgan were arranging the issue.END
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment