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DRB-Hicom to undertake Sukuk program

Posted on 04 November 2011

RB-Hicom Bhd (DRB-Hicom) will undertake an Islamic medium-term notes (sukuk) programme of up to RM1.8 billion.
In a filing to Bursa Malaysia yesterday, the company said it had mandated Maybank Investment Bank Bhd as principal adviser, lead arranger and lead manager for the programme. DRB-Hicom said Malaysian Rating Corp Bhd had assigned a preliminary rating of ‘AA-IS’ to the programme with a stable outlook. ……………………………………….Full Article: Source

 
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