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Kuwait industrial group eyes $358m loanNational Industries Group Holding (NIG), a leading Kuwait-based company engaged in diversified industrial sectors, said it has appointed banks to raise more than KD100 million ($358 million) in a shariah-compliant syndicated loan. More… |
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Moody's downgrades NIG outlookMoody's Investors Service has downgraded the long-term issuer rating of National Industries Group Holding (NIG) and the rating on the $475 million sukuk issued by NIG Sukuk Limited to BA2 from BAA3. A Kuwait-based publicly listed inves More… |
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NIG gets poor Moody's ratingsMoody's Investors Service has downgraded the long-term issuer rating of National Industries Group Holding (NIG) and the rating on the $475 million sukuk issued by NIG Sukuk Limited to Baa3 from Baa2. The ratings remain under review for More… |
