April 26, 2018 / 5:58 AM / 7 months ago

BRIEF-Kuwait Business Town Secures Credit Facility From Local Bank

April 26 (Reuters) - KUWAIT BUSINESS TOWN REAL ESTATE CO :

* SECURES 5-YEAR TERM RENEWABLE, $24.2 MILLION CREDIT FACILITY FROM LOCAL BANK WITH 3 PERCENT PROFIT MARGIN OVER 3-MONTH LIBOR

* SECURES 1-YEAR TERM RENEWABLE, $12 MILLION OVERDRAFT FACILITY WITH 3 PERCENT PROFIT MARGIN OVER 1-MONTH LIBOR Source: (bit.ly/2I2E17q) Further company coverage:

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