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Pembinaan BLT plans third Sukuk

Posted on 26 March 2012

Malaysian firm Pembinaan BLT has unveiled plans for a third issue of MYR 1.35 billion ($439 million) Islamic medium-term notes, expected to carry lower rates than its previous issues.
The latest issue is part of a MYR 10 billion nominal value of Sukuk being made via Aman Sukuk, a wholly-owned subsidiary of Pembinaan BLT. The first Sukuk issue of MYR 1.1 billion was made in Q1 2011 with rates ranging from 3.73 per cent for a three-year tranche to 5.05 per cent for a 15-year tranche……………………………………….Full Article: Source

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