Home News & Press Releases Rating on Kuwait Financial Centre’s KWD25mn Debenture Bond Withdrawn Following...
News & Credit Rating Announcements
11 January 2022 | Country: Kuwait
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Rating on Kuwait Financial Centre’s KWD25mn Debenture Bond Withdrawn Following Repayment
Overview
Capital Intelligence Rating (CI Ratings or CI) today announced that it has withdrawn the 'BBB' Issue Rating assigned to Kuwait Financial Centre's (Markaz) KWD25mn Debenture Bond. A total of KWD15.6mn of the bond was repurchased by the Company in December 2020, and the outstanding KWD9.4mn was repaid in full on maturity on 26 December 2021.
Attachments
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Rating Announcement (CRA)
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