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Published on 11/17/2006 in the Prospect News Emerging Markets Daily.

New Issue: Kuwait's Kipco prices €200 million three-year floaters

By Paul A. Harris

St. Louis, Nov. 17 - Kuwait Projects Co. (Cayman) announced in a Friday news release that it has priced a €200 million issue of three-year floating-rate notes at 99.661.

Dresdner Bank AG and Lehman Brothers International managed the deal.

Issuer:Kuwait Projects Co. (Cayman)
Amount:€200 million
Maturity:November 2008
Security description:Guaranteed floating-rate notes
Managers:Dresdner Bank AG, Lehman Brothers International
Price:99.661

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