ZAWYA-NEWS: Kuwait Markaz completes private placement of $114.1mln bond offering
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Kuwait Financial Centre (Markaz) has completed a private placement of bonds worth $114.1 million, marking the first tranche of its KWD 50 million senior unsecured bond programme. The bonds have a five-year tenor, maturing on December 17, 2030, with fixed and floating rate options. Proceeds will be used for general corporate purposes, including repayment of borrowings.
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