International Resorts secures KWD4.432m credit facility
IRC
IRC`R
-9.00%
9.10
-0.90
IRC`R
Kuwait – Mubasher: International Resorts said it signed KWD4.432 million-credit facility agreement with Kuwait National Bank.
The company will pledge a deposit of KWD 1.775 as a collateral against the loan, said a bourse filling.
The company will also incur financing cost of nearly KWD 92,550, added the bourse filling.
Source:
Mubasher