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Esso Malaysia redeems & cancels $100mln Sukuk

Posted on 30 May 2011

Esso Malaysia Bhd, a subsidiary of Dallas-based ExxonMobil, has redeemed and cancelled its RM300m ($98m) Islamic commercial paper notes from their 2004/2011 program.
The company has proposed a new 2011/2018 Islamic commercial paper program of the same size that received a preliminary short-term P1 rating from RAM Ratings……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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