(MENAFN- Kuwait News Agency (KUNA)) Global Investment House (Global), during a a meeting with the joint body representing bondholders, reached an agreement with the representatives of the investors on restructuring the bonds, the KSE reported on its website on Sunday.
The agreement was on basis of terms and understanding, reached within framework of a tentative broad accord, due to be endorsed by the two sides.
The KSE indicated in its report that Kuwait Industrial Bank was elected representative of the 2012 bondholders.
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