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Fitch rates Kuwait Investment Company 'BB'

Fitch Ratings has assigned Kuwait Investment Company K.S.C.P. (KIC) a Long-Term Issuer Default Rating (IDR) of 'BB'. The Outlook on the IDR is Stable. KIC is an investment company, established in 1961 and majority-owned by the Kuwait Investment Authority (KIA), Kuwait's sovereign wealth fund. It manages investment portfolios on behalf…

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Source: Fitch Ratings

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