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Banks cut exposure to Kuwait Dar, ArcapitaBanks reduced their exposure to Bahraini investment house Arcapita and Kuwait's Investment Dar by selling syndicated loans at distressed levels this week, loan traders said. A $25 million piece of Investment Dar's loan was traded o More… |
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Kuwait Dar seeks government support, debt revampKuwait's Investment Dar, which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt restructuring. Problems at Kuwaiti investment firms, includi More… |
