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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

TM gets approval for RM2bln Islamic debt programmes

Posted on 06 April 2011

Telekom Malaysia Bhd (TM) has received Securities Commission’s approval to establish Islamic commercial papers (ICP) and Islamic medium-term notes (IMTN) programmes with a combined limit of up to RM2bil.

TM said in a filing with Bursa Malaysia yesterday that the proposed programmes, with tenures of seven and 15 years respectively, have been assigned ratings of P1 and AAA respectively by RAM Rating Services Bhd……………………………………..Full Article: Source

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