Another major step in Kuwait’s financing landscape: a KWD 1.5 billion facility for KPC 

Kuwait’s financing market saw the closing of a KWD 1.5 billion senior unsecured conventional loan and commodity murabaha term facility for Kuwait Petroleum Corporation. ASAR advised the global finance parties represented by the National Bank of Kuwait and Kuwait Finance House, acting as initial mandated lead arrangers. 

The ASAR team was led by Rob Little (Head of Finance, M&A and Capital Markets) and Ibrahim Sattout (Partner), with support from Hussein Azmy (Senior Associate) and Mariam Al Rashed (Senior Associate). 

Members of our team attended the signing ceremony held on 18 November 2025 at KPC’s head office. 

The facility supports KPC’s ongoing capital expenditure programme and reflects continued activity in Kuwait’s large-scale financing market. With this transaction, ASAR continues to advise on the market’s largest and most complex financing arrangements. To learn more about our finance practice and recent transactions, please contact our team at asar@asarlegal.com.