Al Deera repays KWD 17.27m syndicated loan

Kuwait – Mubasher: Kuwaiti listed, Al Deera Holding said it repaid KWD 17.27 million ($57 million)syndicated loan.

That is expected to see profits of KWD 12.16 million after repaying the loan, which will be reflected at its financial statements for the third quarter of 2016.

Earlier, Al Deera said it signed a preliminary agreement to repay a syndicated loan of KWD 17 million.

Mubasher Contribution Time: 21-Jul-2016 12:42 (GMT)
Mubasher Last Update Time: 21-Jul-2016 12:42 (GMT)