Livestock Transport inks KWD 28m industrial loan

Kuwait-Mubasher: Livestock Transport and Trading has signed a credit facility agreement with the Industrial Bank of Kuwait, according to a bourse statement issued Sunday.

The loan is worth KWD 28 million ($92.66 million), with an interest rate of 3.5% per annum. 

The company’s stock ended Sunday’s session rising 5% to 210 fils, after 1.89 million shares were exchanged at a value of KWD 396.

 

Mubasher Contribution Time: 10-Jul-2016 11:45 (GMT)
Mubasher Last Update Time: 10-Jul-2016 11:46 (GMT)