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Kuwait's KIPCO sets bond price guidance -IFR

Tue Oct 6, 2009 9:29am EDT

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MANAMA, Oct 6 (Reuters) - Kuwait Projects Co (KPRO.KW) (Kipco) has set price guidance for its planned benchmark bond with seven-year maturity at 9.125 percent to 9.25 percent, IFR reported on Tuesday, citing ooficials at arranging banks.

The report by IFR, a Thomson Reuters online news and market analysis service, said the issue had attracted a book of more than $1 billion.

BNP Paribas, Goldman Sachs and JP Morgan are arranging the issue. (Reporting by Frederik Richter, editing by Will Waterman)



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