(Bloomberg) -- International Investment Group KSCC,
a Kuwait-based Islamic financial company, plans to sell $150
million of convertible bonds complying with Shariah law, its
first sale of the securities.
The company is seeking to price the five-year notes at 1.5
to 2 percentage points more than the dollar mid-swap rate,
according to sale terms from arranger Barclays Capital. The
three-year mid-swap rate was at 5.224 percent as of 10:03 a.m.
in Bangkok, according to data compiled by Bloomberg.
Read more at Bloomberg Bonds News
a Kuwait-based Islamic financial company, plans to sell $150
million of convertible bonds complying with Shariah law, its
first sale of the securities.
The company is seeking to price the five-year notes at 1.5
to 2 percentage points more than the dollar mid-swap rate,
according to sale terms from arranger Barclays Capital. The
three-year mid-swap rate was at 5.224 percent as of 10:03 a.m.
in Bangkok, according to data compiled by Bloomberg.
Read more at Bloomberg Bonds News
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