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PLUS sets indicative price for Sukuk sale

Posted on 15 December 2011

PLUS Bhd, the company taking over Malaysian highway operations of PLUS Expressways Bhd, set indicative pricing to sell RM23.4 billion (US$7.3 billion) Islamic bonds, according to a note sent to investors.
The company is inviting orders for RM11.3 billion of the syariah-compliant notes with tenors ranging from five to 19 years to yield between 3.8 per cent and 5.07 per cent, the document said………………………………………..Full Article: Source

 
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