Mubasher: Kuwait Projects Holding (KIPCO) announced its first meeting for the bondholders committee of KWD 100 million bonds that will be matured in November 2023.

The bondholders committee of KIPCO has elected KAMCO Investment as its legal representative with all authorities, according to a bourse statement on Monday.

These five-year bonds, fixed and floating, are expected to endorse KIPCO’s financing of its business profile.

At the stock level, KIPCO closed Monday’s session 0.95% lower at 208 fils.