Kuwait's state oil firm KPC gets $4.9 billion loan from local banks
ReutersNov 18, 2025 7:19 AM
KUWAIT, Nov 18 - Kuwait Petroleum Corporation said on Tuesday it had signed an agreement for a 1.5 billion dinar ($4.89 billion) syndicated loan from National Bank of Kuwait and Kuwait Finance House.
The loan is split into two main tranches, a conventional portion of 825 million dinars and an Islamic tranche of 675 million dinars, KPC said in a statement.
($1 = 0.3068 Kuwaiti dinars)
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