Kuwait Financial Centre K.P.S.C. “Markaz” announces it has successfully completed the private placement of the First Tranche of bonds with a total value of KWD 35 million issued under KWD50m Senior Unsecured Bond Program, composed of two equal tranches (Fixed and Floating) with maturity date 5 years from the issuance date (17 December 2025). The bonds were oversubscribed affirming investors’ trust in Markaz. The fixed-rate tranche has a coupon of 5.25% per annum payable quarterly, while the floating-rate tranche offers a coupon of 2.00% above the Central Bank of Kuwait ...