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Malakoff to issue Islamic bonds

Posted on 01 March 2012

Malakoff Corporation Bhd, via its wholly-owned subsidiary Tanjung Bin Energy Issuer Bhd, has signed financing agreements worth RM6.5bil for the development of the new 1,000 MW supercritical coal-fired power plant.
The new power plant which is adjacent to Malakoff’s existing Tanjung Bin power plant will be financed by a combination of senior and junior debt facilities, comprising of Islamic bonds and loans denominated in Malaysian ringgit and US dollar………………………………………..Full Article: Source

 
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