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RM500m Senior Sukuk to partly finance KLIA2, says MAHB
by Cals Sat 07 Sep 2013, 08:31
RM500m Senior Sukuk to partly finance KLIA2, says MAHB
Business & Markets 2013
Written by Jeffrey Tan of theedgemalaysia.com
Friday, 06 September 2013 18:48
KUALA LUMPUR (Sept 6): Malaysia Airports Holdings Berhad (MAHB) said the Senior Sukuk proceeds will be used to partly finance the development of KLIA2 which is expected to be operational on May 2 next year.
In a statement to Bursa Malaysia, MAHB said it had successfully completed its issuance of RM500 million Senior Sukuk via a dual tranche offering.
“The Senior Sukuk offering which is based on the Islamic principle of Musharakah, comprises a three-year, RM250 million tranche and a five-year, RM250 million tranche at a yield of 3.85% and 4.15% respectively,” said MAHB.
MAHB said the Senior Sukuk had attracted an overwhelming response from diverse investors with an order book exceeding RM1.7 billion.
Business & Markets 2013
Written by Jeffrey Tan of theedgemalaysia.com
Friday, 06 September 2013 18:48
KUALA LUMPUR (Sept 6): Malaysia Airports Holdings Berhad (MAHB) said the Senior Sukuk proceeds will be used to partly finance the development of KLIA2 which is expected to be operational on May 2 next year.
In a statement to Bursa Malaysia, MAHB said it had successfully completed its issuance of RM500 million Senior Sukuk via a dual tranche offering.
“The Senior Sukuk offering which is based on the Islamic principle of Musharakah, comprises a three-year, RM250 million tranche and a five-year, RM250 million tranche at a yield of 3.85% and 4.15% respectively,” said MAHB.
MAHB said the Senior Sukuk had attracted an overwhelming response from diverse investors with an order book exceeding RM1.7 billion.
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