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Kuwaiti bank CBK says concerns over buyer cash behind bond cancellation
Commercial Bank of Kuwait said on Monday it cancelled its 120 million dinar ($412.7 million) capital-boosting bond last week over potential perception concerns about where some of the buyers were getting cash to participate in the issue. The lender, the Gulf state's fifth-largest by assets, said Nov. 4 that despite…
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Click here to read the full story: Reuters