Kamco achieves debt market deals worth $2.6b in 2020

Kamco achieves debt market deals worth $2.6b in 2020

Manama: Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, successfully led six debt capital markets (DCM) transactions amounting to over USD2.6billion during 2020, reporting another record year. The transactions included four local and two regional offerings in Kuwaiti Dinars and US Dollars with fixed and variable rates.

Through its comprehensive debt advisory services, Kamco Invest has successfully managed issuances worth over USD9.7bn in conventional and Islamic debt for its clients since starting its debt capital markets practice, making it one of the most active debt advisors in issuing bonds and sukuk throughout the region.

Leveraging on its strong regional presence and wide network of institutional investors, Kamco Invest's Investment Banking platform optimizes capital structures for its clients and diversifies their sources of debt funding on a syndicated or stand-alone basis. Building on its strong track record of consistently delivering a successful outcome for key issuers, the team managed more than 80% of the KWD denominated bonds in the last 10 years. During the year 2020, Kamco Invest acted as a joint lead manager on the USD300mn Sukuk for the Bahrain-based GFH group, USD500mn Sukuk for the largest bank in the UAE