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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

A&O represents Axiata in milestone sukuk

Posted on 31 July 2012

Allen & Overy has advised Malaysian telco Axiata Group on its issuance of $1.5 billion worth of Islamic bonds, the first internationally rated multi-currency sukuk programme in the Asia-Pacific region.
Axiata said the fund raising, which came in the form of non-fixed tenure multi-currency sukuk programme, allowed airtime vouchers on Axiata’s mobile telecommunications network to be included as a trust asset………………………………………..Full Article: Source

 
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