24 February, 2017
Article length: 84 words
Kuwait: Bond meetings in US, UK
The Kuwaiti authorities are due to hold talks with investors in the United States and United Kingdom in early March, in preparation for a bond issue which could raise up to $9.5bn. A report by Bloomberg, citing an unidentified source, said talks were due to be held in London, New York, Boston and Los Angeles on 5-12 March. The bond could be completed by late March or early April. A large Kuwaiti issue had originally been expected last year, but was postponed in October.