Zain Group signs USD500mn (KWD153mn) five-year credit line from regional and international banks
Zain Group [ZAIN.KW] signed a USD500mn (KWD153mn) five-year credit line from regional and international banks, according to Bloomberg. It is still unclear what the proceeds will be used for and how much the credit line is priced at. (Bloomberg) Zain Group: KWD0.42 as of 21 Dec 2016, Rating: Buy, TP: KWD0.49/share, MCap: USD5,857mn, ZAIN KK / ZAIN.KW
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