Kuwait’s $9.9 Billion Plan Adds to Gulf Bond Sale Frenzy

  • Kuwait also plans to raise up to 2 billion dinars locally
  • Kuwait looking to plug budget deficit of 9.5 billion dinars

Kuwait Plans $9.9B Bond Sale

Kuwait plans to raise as much as $9.9 billion from international debt markets to help plug its budget deficit as lower oil prices squeeze public finances.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.