|
King and Spalding advises KTPB on 350m certificates |
|
Thursday, 03 November 2011 04:20 |
|
Kuwait: King and Spalding advised Kuveyt Turk Katilim Bankasi A.S. (KTPB), a Turkish participation bank majority-owned by Kuwait Finance House, in the issuance of $350m certificates due 2016, listed on the London Stock Exchange. The certificates are the first-of-its-kind asset-backed certificates from Turkey, and the first certificates issued under newly revised Turkish legislation permitting such certificate issuance (known as rental certificates) through a Turkish incorporated special purpose
vehicle. [AMEInfo.com] Read more:
|