Alafco gets $50m credit line

Kuwait – Mubasher: Aviation Lease and Finance (Alafco) was granted $50 million worth credit line from a local bank.

This credit facility will be used in operating business, the company said in a bourse statement issued on Wednesday.

On the stock level, Alafco ended Wednesday’s trading session falling by 4.07% to close at 236 fils, after 1.01 million shares were exchanged at a value of nearly KWD 239,830.

 

Mubasher Contribution Time: 21-Dec-2016 13:44 (GMT)
Mubasher Last Update Time: 21-Dec-2016 13:44 (GMT)