Kuwait Petroleum Signs MoU with Britain for up to $3B in Loans and Credit

Source: Reuters 3/4/2019, Location: Middle East

State-owned Kuwait Petroleum Corp (KPC) has signed a memorandum of understanding with the British government for up to $3 billion in loans and credit facilities, the company said.

The United Kingdom’s credit agency, UK Export Finance, will provide loans and credit facilities for exports of British goods and services in projects carried out by KPC and its subsidiaries, KPC said in a statement.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

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