|19 December, 2019

Kuwait's Ream Real Estate in talks with Warba Bank over debt settlement

No impact on its financial position will result from unveiling the information

Image used for illustrative purpose. Skyline reflected in sea in Kuwait City, Kuwait.

Image used for illustrative purpose. Skyline reflected in sea in Kuwait City, Kuwait.

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Kuwait - Ream Real Estate Company said that talks with Warba Bank to settle debt instalments, according to a bourse statement.

The talks with the lender are related to the repayment of KWD 600,000, including due financing costs, the real estate company said in a disclosure to Boursa Kuwait.

Ream said it expected no impact on its financial position will result from unveiling the information.

Source: Mubasher

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