Kuwait-Mubasher: Burgan Bank has denied mandating any company to arrange issuing KWD 100 million bonds, according to a bourse statement.
The bank said it is still finalising the relevant arrangements, which will announced when completed.
On Tuesday, a local paper published news of Burgan mandating two companies to arrange the KWD 100 million bonds issuance.
During Tuesday’s trading session, Burgan stock settled at 355 fils, after 96,000 shares were traded with a value of KWD 34,000.