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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Strong demand for PBLT maiden sukuk issue

Posted on 02 February 2011

From Thestar.com.my: Pembinaan BLT Sdn Bhd’s (PBLT) issuance of its first series of Islamic medium term notes (IMTN) was successfully priced amid strong demand from investors. They were issued under its RM10bil nominal value of sukuk pursuant to the IMTN via Aman Sukuk Bhd, a wholly-owned subsidiary of PBLT.
The company said in a statement that the first series of the sukuk carried a semi-annual profit rate of 3.73% per annum for the three-year tranche, 4.05% per annum for the five-year tranche, 4.23% per annum for the seven-year tranche, 4.55% per annum for the 10-year tranche, 4.75% per annum for the 12-year tranche and 5.05% per annum for the 15-year tranche……………………………………….Full Article: Source

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