save malaysia!

Prasarana planning up to RM1.25b sukuk — source

Publish date: Fri, 11 Feb 2022, 01:13 PM

Prasarana Malaysia Bhd aims to raise as much as RM450 million via its RM6 billion sukuk programme and as much as RM800 million via another RM17b sukuk programme, according to a person familiar with the matter.

The expected tenure of the programmes is between nine and 25 years, the person said.

"The targeted issue date for the Islamic bonds is within the week of Feb 28, 2022 and the guarantor of the bonds is the government of Malaysia," the person added.

Joint lead managers for the RM6 billion programme are Affin Hwang Investment Bank Bhd, AmInvestment Bank Bhd, CIMB Investment Bank Bhd, Kenanga Investment Bank Bhd and Maybank Investment Bank Bhd, according to the person.

Meanwhile, joint lead managers for the RM17 billion programme are AmInvestment, Bank Islam Malaysia Bhd, CIMB, Kenanga, Maybank and RHB Investment Bank Bhd, the person added.

Be the first to like this. Showing 0 of 0 comments

Post a Comment