Hedge Funds & Alternative Investments
Islamic Finance
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Kuwait's NIG to repay $475 mln sukuk on time, drops delay request
Kuwait's National Industries Group Holding will repay its $475 million Islamic bond, or sukuk, when it matures on August 16, it said on Tuesday, dropping plans to get a four-year extension from creditors. NIG, an investment firm controlled by one of the country's biggest merchant families, asked creditors in July…
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Click here to read the full story: Reuters