Kuwait Investment Authority
Kuwait Investment Authority currently has an estimated USD$ 74.20 million invested or available for the nuclear weapons producers identified in this report.
Table 1 provides an overview of the nuclear weapon companies in which Kuwait Investment Authority owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.
Table 1 Shareholdings of Kuwait Investment Authority
|Company||Country||% of all outstanding shares||Value (US$ mln)||Filing date (range)|
|Babcock International||United Kingdom||1.19||74.20||27-Feb-2013 until 01-Jun-2013|
Source: Thomson ONE Banker, “Share ownership”, Thomson ONE Banker (www.thomsonone.com), viewed July 2013.
National Bank of Kuwait
National Bank of Kuwait currently has an estimated USD$ 75.00 million invested or available for the nuclear weapons producers identified in this report.
In June 2011, Bechtel signed a five-year revolving credit facility with a value of US$ 2,500 million. The facility is split in two tranches: a US$ 1,550 million letter of credit and a US$ 950 million revolver. The proceeds would be used to refinance debt and for working capital purposes. National Bank of Kuwait was part of the syndicate of 24 banks, and committed an estimated amount of US$ 75 million.1
Bloomberg Database, “Loan finder”, Bloomberg Database, viewed July 2013; Thomson ONE Banker, “Tearsheet 2758129115”, Thomson ONE Banker (www.thomsonone.com), 2 June 2011.. ↩