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

Malaysia’s Axiata gets nod to issue $1.5 bln Islamic bonds

Posted on 20 July 2012

Malaysian telco Axiata Group said on Thursday it won regulatory approval for its proposed issuance of up to $1.5 billion worth of Islamic bonds to fund general corporate needs.
Axiata said the fund raising, which comes in the form of non-fixed tenure multi-currency sukuk programme, allows airtime vouchers on Axiata’s mobile telecommunications network to be included as a trust asset………………………………………..Full Article: Source

 
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