ZAWYA-NEWS: Kuwait Markaz completes private placement of $114.1mln bond offering

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First published: 19-Dec-2025 08:31:39Staff WriterKuwait Financial Centre (Markaz) has completed a private placement of bonds worth KWD 35 million ($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. The issuance is split into two equal portions: one carrying a fixed annual coupon of 5.25%, and the other offering a floating rate of 2% over the Central Bank of Kuwait’s discount rate.Proceeds from the issuance will be used for general corporate purposes, including repayment of borrowings.(Writing by Cleofe Maceda; Editing by Brinda Darasha)Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

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