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International Resorts secures KWD4.432m credit facility

International Resorts secures KWD4.432m credit facility
International Resorts secures KWD4.432m credit facility
IRC
IRC`R
-9.00% 9.10 -0.90

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.