KIPCO completes KD 165 million six-year bond issue

KIPCO completes KD 165 million six-year bond issue

KIPCO – Kuwait Projects Company (Holding) – has announced that it has successfully completed its KD 165 million (US$ 538 million) six-year senior unsecured bond issue. This is the largest KD-denominated bond issue to date, reflecting the confidence of investors in...
KIPCO assigned a rating of BB with Stable Outlook from Fitch

KIPCO assigned a rating of BB with Stable Outlook from Fitch

Fitch Rating has assigned KIPCO – Kuwait Projects Company (Holding) – a Long-term Issuer Default Rating of ‘BB’ with a Stable Outlook. In its commentary, Fitch’s key rating drivers included the improved asset value diversification and a substantial increase in gross...