Kuwait chaos weighs on restructurings
Banks with exposure to Kuwait’s troubled investment companies such as Investment Dar and Global Investment House are still struggling to reach restructuring agreements amid the intensifying political turmoil in Kuwait over its economic rescue plans. Read on for the market’s reaction to the cabinet’s resignation yesterday (Monday), and how political friction is affecting the outcome of debt restructurings in the country.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: