The five-year $24.2 million loan included a $12 million overdraft facility
KBT
KBT`R
KBT`R
Mubasher: Kuwait Business Town Real Estate (KBT) on Sunday affirmed that total credit facilities that it has recently signed with a local lender amounted to $24.2 million, not $36.2million as circulated in media.
The five-year $24.2 million loan included a $12 million overdraft facility, according to the company’s statement to Boursa Kuwait.
By 11:22 am Kuwait time, KBT’s stock declined 2.07% at 42.5 fils.
Source:
Mubasher
