Markaz marketing $100 million in 5-year notes

By Aaron Hochman-Zimmerman

New York, May 30 - Kuwait Financial Centre Markaz is holding a roadshow this week for a $100 million issue of 5-year floating-rate bonds, according to a market source.

Barclays Capital, the National Bank of Abu Dhabi and the National Bank of Kuwait will run the books.

The floating rate will be Libor plus a spread to be determined.

Markaz is an asset management and investment bank based in Safat, Kuwait.

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