IFLR1000

National Industries Group $475 million financial restructuring

29/8/2015
Bond/note restructuring, Financial restructuring, Murabaha, Sukuk
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$ 475 million

Completed

29/8/2015

Overview:

  • National Industries Group has undertaken a $475 million financial restruturing.
  • The deal saw the group restructure a sukuk (Islamic bond), a $200 million murabaha (deferred sale) facility and two conventional loan facilities.

Sam Duke - Editor

Jurisdiction:

Kuwait

Deal types:

Bond/note restructuring
Financial restructuring
Murabaha
Sukuk

Practice areas:

Banking
Capital markets : Debt
Islamic finance

Industry sector:

Industrials and manufacturing

Firm:
ASAR - Al Ruwayeh & Partners

Party: National Industries Group (Borrower)

Lawyer: Sam Habbas

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