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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Noble ropes in trio for potential debut Sukuk

Posted on 26 March 2012

Bank of America Merrill Lynch is believed to have an advisory role in Noble’s crack at opening the sukuk market for its funding needs. Noble recently set up a M$3bn (US$981.7m) multi-currency sukuk Murabahah programme, the first draw down of which is likely to be a debut ringgit issue.
AmInvestment Bank and Standard Chartered are thought to be joint leads on the upcoming issue. No details on timing, size or tenor were available………………………………………..Full Article: Source

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