Sunday 4 October 2020

#Kuwait Petroleum Corporation raises 1 bln dinars loan | Reuters

Kuwait Petroleum Corporation raises 1 bln dinars loan | Reuters:

State-run Kuwait Petroleum Corporation (KPC) has agreed a 1 billion dinar ($3.27 billion) loan with National Bank of Kuwait (NBK) and Kuwait Finance House, NBK said in a bourse filing.

NBK’s share of the syndicated debt facility, which will be used to finance general capital expenditure, will be 370 million Kuwaiti dinars, it said.

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