Kuwait: Kuwait Financial Centre K.P.S.C. “Markaz” announces it has successfully completed the private placement of the First Tranche of bonds with a total value of KWD 35 million issued under KWD50m Senior Unsecured Bond Program, composed of two equal tranches (Fixed and Floating) with maturity date 5 years from the issuance date (17 December 2025). The bonds were oversubscribed affirming investors’ trust in Markaz. The fixed-rate tranche has a coupon of 5.25% per annum payable quarterly, while the floating-rate tranche offers a coupon of 2.00% above the Central Bank of Kuwait discount rate, capped at 6.25% per annum and payable quarterly. Ahli Capital Investment Company and Markaz were the joint lead managers. The subscription period for the issuance lasted from 3 November to 15 November 2025.

 “Capital Intelligence”, an international credit-rating company, rated the bonds at (BBB) with a stable outlook. This rating reflects Markaz’s sound financial standing in terms of liquidity, solvency and the sustainability of its management fees and commission income. Other supporting factors include Markaz’s consistent track record of meeting its debt service obligations, its access to unsecured financing, and its diversified lender base.

Mr. Diraar Yusuf Alghanim, Chairman of Markaz, stated: “We are pleased to announce that Markaz’s latest bond issue was received positively by the capital market. The strong demand for our fourth issue reflects the continuing trust that investors place in Markaz, its solid creditworthiness, and the capital markets’ confidence in the quality of our bond issues. The Capital Intelligence rating also confirms Markaz’s status as a well-established franchise with a sound reputation in the region, particularly in Kuwait. Our experienced management team has succeeded in effectively guiding the company through this year’s challenges, while always ensuring that we fulfill our responsibilities to our stakeholders.”

Markaz CEO, Mr. Ali H. Khalil, commented: “These bonds were competitively priced and attracted extensive participation from institutional investors; reinforcing their trust in our credit risk. He added that Markaz has always been an active participant in the debt capital markets as an issuer, lead manager, and investor, and will continue to work with regulators and the public and private sectors to create an efficient and liquid bond market in Kuwait. We always seek to maintain and reinforce these relationships, and entrusted Ahli Capital in view of their strong market positions, as well as our confidence in their distribution networks.”

About Kuwait Financial Centre “Markaz”

Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the MENA region with total assets under management of over KD 1.61 billion (USD 5.28 billion) as of 30 September 2025. Markaz was listed on the Boursa Kuwait in 1997. Over the years, Markaz has pioneered innovation through the creation of new investment channels. These channels enjoy unique characteristics and help Markaz widen investors’ horizons. Examples include Mumtaz (the first domestic mutual fund), MREF (the first real estate investment fund in Kuwait), Forsa Financial Fund (the first options market maker in the GCC since 2005), and the GCC Momentum Fund (the first passive fund of its kind in Kuwait and across GCC that follows the momentum methodology), all conceptualized, established, and managed by Markaz.

For further information, please contact:
Sondos Saad
Corporate Communications Department
Kuwait Financial Centre K.P.S.C. "Markaz"
Email: Ssaad@markaz.com   
markaz.com