Sunday 20 April 2014
 
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United Real Estate

URC bond rating upgraded to stable outlook

Kuwait-based United Real Estate Company (URC), a leading real estate developer, has announced that global credit rating agency Capital Intelligence upgraded URC’s KD60 million ($213 million) unsecured bond from BBB- with a positive outlook

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United Real Estate raises $212m via bond

Kuwait-based United Real Estate Company (URC), a leading real estate development company has completed a KD60 million ($211.8 million) bond issue which was oversubscribed by almost 50 per cent. Kamco, Gulf Bank, and Burgan Bank we

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