Kuwait Financial Centre – KWD35mn Senior Unsecured Bond Rating Maturing December 2025 Withdrawn Following Repayment
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Summary
23 December 2025
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the Issue Rating of ‘BBB’ with a Stable Outlook assigned to the KWD35mn Senior Unsecured Bond issued by Kuwait Financial Centre (Markaz) maturing December 2025, which was drawn in two tranches – KWD17.5mn Fixed-Rate Bonds and KWD17.5mn Floating-Rate Bonds. A total of KWD16.4mn of the bond was repurchased by the Company in December 2025, and the outstanding KWD18.6mn was repaid in cash on 21 December 2025.
Contact
Primary Analyst: Agnes Seah, Senior Credit Analyst; E-mail: agnes.seah@ciratings.com
Secondary Analyst: Stathis Kyriakides, Senior Credit Analyst
Committee Chairperson: Rory N Keelan, Senior Credit Analyst
About the Ratings
The credit ratings have been issued by Capital Intelligence Ratings Ltd, P.O. Box 53585, Limassol 3303, Cyprus.
The credit ratings outstanding at the time of withdrawal were based on public information and…