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Kuwait Set to Issue Dollar Bonds as Iran Strikes Batter Country
Key Points
Kuwait Set to Issue Dollar Bonds as Iran Strikes Batter Country Kuwait, under daily missile and drone attacks from Iran over the past two weeks, is aiming to sell dollar bonds on Wednesday. The Gulf Arab state has hired banks including Goldman Sachs Group Inc. and Citigroup Inc. to arrange a three-part deal, with tenors of three, five and 10 years, according to a person familiar with the matter. The final terms, including the size of the bonds and the pricing, may be announced later in the day.
Kuwait Set to Issue Dollar Bonds as Iran Strikes Batter Country
Kuwait, under daily missile and drone attacks from Iran over the past two weeks, is aiming to sell dollar bonds on Wednesday.
The Gulf Arab state has hired banks including Goldman Sachs Group Inc. and Citigroup Inc. to arrange a three-part deal, with tenors of three, five and 10 years, according to a person familiar with the matter. The final terms, including the size of the bonds and the pricing, may be announced later in the day.