April 19, 2018 / 12:39 PM / 8 months ago

BRIEF-Kuwait's United Real Estate Issues 60 Mln Dinars Bonds

April 19 (Reuters) - UNITED REAL ESTATE COMPANY:

* ISSUES 60 MILLION DINARS BONDS IN TWO TRANCHES

* FIRST TRANCHE OF UNSECURED BONDS OF 32.15 MILLION DINAR WITH FIXED INTEREST RATE OF 5.75 PERCENT MATURING ON APRIL 19, 2023

* SECOND TRANCHE OF UNSECURED BONDS OF 27.9 MILLION DINARS WITH FLOATING INTEREST OF 2.50 PERCENT ABOVE DISCOUNT RATE TO MATURE ON APRIL 19, 2023 Source: (bit.ly/2HhcIVm) Further company coverage:

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