Kuwait-Mubasher: Livestock Transport and Trading said that the credit facility agreement with the Industrial Bank of Kuwait has duration of 6 years, with a possibility of amending, according to a bourse statement issued Tuesday.
The KSE-listed firm said on Sunday that it has signed a loan agreement worth KWD 28 million ($92.66 million), with an interest rate of 3.5% per annum.
Livestock Transport’s stock fell by 2.97% to 196 fils by 11:33 am Kuwait time on Tuesday, after about 64,000 shares were traded at a value of nearly KWD 12,760.
