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Al Deera repays KWD 17.27m syndicated loan

Al Deera repays KWD 17.27m syndicated loan
Kuwait dinar (Photo Credit : Reuters Arabia)
ALDEERA
ALDEERA
2.86% 395.00 11.00

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.