URC completes repayment of $100 million Sukuk

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Sunday 15, July 2012 by Robin Amlôt

URC completes repayment of $100 million Sukuk

Kuwait’s United Real Estate Company (URC) has announced that on 9 July it received confirmation from Citi, its delegate agent, that URC has made the final repayment to complete its $100 million Sukuk obligations in full and that Citi no longer has any holdings for the issued securities.

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