Sun, Sep 21, 2014
A A A
Welcome bhaimia
RSS

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

Axiata plans to raise $1.5 bln via Islamic bonds

Posted on 20 July 2012

Malaysia’s largest mobile telephone company by sales said in a statement to the stock exchange that it would be the first Asian telecommunications company to issue multiple currency Islamic bonds, or sukuk. It didn’t specify which currencies, nor did it specify maturities or the number or size of tranches.
It called the issuance “strategic” as it would appeal to regional investors while also introducing the company to a diverse pool of investors across the Middle East and Europe, increasing its prospects for future fundraising………………………………………..Full Article: Source

 
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