• HSBC

GIC issues $510m EMTN fund

  • Kuwait: Monday, May 29 - 2006 at 12:37

The Gulf Investment Corporation has successfully completed its debut euro denominated trade with the issue of a $510m five-year Euro Medium Term Note issue. The issue is the third public tranche of GIC's $2.5bn EMTN programme and the largest euro transaction of its kind originating out of the GCC region. Mr Hisham Abdulrazzaq Al-Razzuqi, CEO and General Manager of the GIC, said that the GIC order book reached almost $670m.

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