Reuters - Kuwaiti investment firm Securities House is in talks with several Kuwaiti and Gulf Arab institutions to underwrite Islamic bonds, or sukuk, worth around $550 million, a newspaper said on Wednesday.
A London unit of Securities House was in talks with a Kuwaiti institution to arrange a sukuk sale worth $150 million, al-Qabas quoted company sources as saying.
It was also in talks to arrange bonds for two Gulf institutions worth $400 million, the paper said.
The company could not be immediately reached for comment.
Wednesday, June 4, 2008
Kuwait Securities arranging $550 mln in sukuk -paper
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