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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

CIMB gets approval for US$1.4 billion bond sale

Posted on 03 June 2009

From Btimes.com.my: CIMB Bank Bhd, Malaysia’s second-largest bank, won approval for a RM5b (US$1.4 billion) bond sale.

CIMB, owned by Bumiputra-Commerce Holdings Bhd, won approval from Malaysia’s Securities Commission for a so-called tier 2 bond and Islamic note program with a combined value of RM billion, or the equivalent in foreign currency, it said in a statement today…….Full Article: Source

 
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