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Kuwait Projects Company (Holding) K.S.C.P. (KIPCO), acting as Obligor for Kuwait Projects Company Sukuk Limited, announced on 30 December 2024 the full repayment of Kuwaiti Dinar bonds. These bonds, originally issued in December 2017 and due on 28 December 2024, had a nominal value of KD66.450 million (US$215 million), with a KD1.944 million coupon also repaid.
| Date | 30 Dec 2024 |
| Time | 07:00:00 |
| Category | Miscellaneous |
| ID | 5704R |
Kuwait Projects Company Sukuk Limited
Settlement of KD Bond due on 28 December 2024
Kuwait Projects Company (Holding) K.S.C.P. (KIPCO), in its capacity as the Obligor of Kuwait Projects Company Sukuk Limited, announced that it has fully repaid Kuwaiti Dinar bonds with a nominal value of KD66.450 million (US$ 215 million) due on 28 December 2024, along with a KD1.944 million coupon. These bonds were originally issued in December 2017.
Refer press release available at: https://kipco.com/kipco-repays-its-seven-year-kd-66-5-million-bond/
For further information, please contact:
Investors, Press and Media:
Eman Al-Awadhi
49th Floor
KIPCO Tower, Khaled Bin Al-Waleed St, Sharq
P.O. Box 23982
Safat 13100
Kuwait
Tel: +965 2294 3416, Email: [email protected]