Sunday, Jun 24, 2012
DUBAI (Zawya Dow Jones)--Kuwait's NBK Capital has completed a investment in the operator of Dubai's Heriot Watt University, the company said in an emailed statement Sunday.
NBK Capital, an arm of the National Bank of Kuwait, didn't disclose the size of the investment in Eikon International Holding. It made the deal through its NBK Capital Mezzanine Fund I, a $157.4 million fund that provides mezzanine financing, a form of funding that has characteristics of both debt and equity.
Eikon is based in Dubai and has a partnership with Scotland's Heriot Watt University to run its Dubai campus.
-By Asa Fitch, Dow Jones Newswires, +971 4 446-1685, asa.fitch@dowjones.com; Twitter: @ZDJnews
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
24-06-12 0819GMT
