Monday 29 April 2024
 
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Aayan

Kuwait Aayan signs $744m restructuring deal

Kuwaiti Islamic firm Aayan Leasing and Investment Company on Monday signed a KD205 million ($743.6 million) debt restructuring deal with creditors. This amount is 62 per cent of the Aayar's total debts, it said in a statement.

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Aayan to seal $175m Islamic loan

Kuwaiti leasing firm Aayan Leasing & Investment will sign a $175 million Islamic syndicated loan on Wednesday, a banking source said. The loan was increased from $150 million after an oversubscription. Aayan, which complies wit

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