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

Malaysian toll expressway firm to sell $9.7 bln Sukuk

Posted on 10 January 2012

Malaysia’s biggest toll expressway company said it will issue $9.7 billion in Islamic bonds in what would be the world’s largest sukuk offering.

The 30.6 billion ringgit sukuk from Projek Lebuhraya Usahasama Berhad, or PLUS Berhad, is scheduled for Jan. 12. It follows the privatisation of PLUS Expressways Berhad, one of Malaysia’s largest privatisations…………………………………….Full Article: Source

 
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