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

MAS’ sukuk well-received

Posted on 13 June 2012

Malaysia Airlines (MAS) has found enough takers for its RM2.5bil 10-year perpetual junior sukuk of which the first tranche of RM1bil bonds had been fully-subscribed by Kumpulan Wang Persaraan (Diperbadankan) (KWAP).
With the first tranche of the funding in place and MAS having received firm commitments for the remaining RM1.5bil issue, the next big step for the airline is to unveil its business plan, and that according to MAS group CEO Ahmad Jauhari Yahya would be announced on June 21, the same day as the airline’s AGM………………………………………..Full Article: Source

 
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