Insurance capital replaces bank debt in $16bn Kuwait pipeline deal
By IAN Editorial Desk
17 August 2026·2 min read
Primary source: blackstone.com
HSBC and JPMorgan had assembled a conventional facility.
Blackstone, Brookfield and KKR funded the debt on their $16bn Kuwait pipeline partnership with insurance capital rather than the bank package their advisers had assembled, Bloomberg reported on 17 August. The consortium signed the transaction with Kuwait Oil Co on 25 July, taking a 49% stake in a new Kuwaiti joint venture in equal thirds, with the state company holding…
Free registration
Register free to read the full article
Registration is free and takes a moment. It opens every article and the complete archive, the Economic Dashboard, the events calendar and the company directories.
