Islamic Finance
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Kuwait's NIG asks for $475 mln sukuk extension as maturity looms
National Industries Group Holding (NIG), a Kuwaiti investment firm controlled by one of the country's biggest family conglomerates, has asked creditors for a four-year extension on a $475-million Islamic bond, or sukuk, maturing next month. The request from NIG, part of the Kharafi Group, is the latest debt issue to…
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