Mon, Sep 15, 2014
A A A
Welcome bhaimia
RSS

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

JCorp to issue RM3bln Sukuk to redeem bonds

Posted on 13 April 2012

Johor Corp Group (JCorp) will issue RM3 billion worth of sukuk wakalah to redeem the final series of bonds issued in 2002, which matures on July 31. The sukuk issuance is expected in May with the underlying assets being crude palm oil and syariah-compliant shares, and JCorp is looking at five, seven and 10-year terms.
Its president and CEO Kamaruzzaman Abu Kassim said several local investment banks have been shortlisted for the corporate exercise………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930