The National Bank of Kuwait (NBK) said that the KWD 125 million ($412.5 million) compliant bondholders chose KAMCO Investment Company to act as legal representative.
It is noteworthy that NBK has recently mandated NBK Capital and KAMCO Investment Company to act as Joint Lead Managers for the issuance of KWD 125 million Subordinated Tier 2, Basel III compliant bonds.
The issued bonds are due in 10 years, and are non-refundable in the first five years, added the statement.
