Kuwait plans USD7.5bn International bond sale in November 2016 and Sukuk Issuance in January 2017
Kuwait may sell USD7.5bn in bonds in addition to USD2bn in sukuks to foreign investors over the next six months, al-Qabas newspaper reports, citing a preliminary schedule it obtained and attributed to the Finance Ministry. Bond roadshow is expected to start in October – November 2016. While the sukuk marketing roadshow is expected in November 2016 – January 2017. Kuwait will select financial advisers for the sukuk by December 2016. (Bloomberg)
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