Tue, Sep 23, 2014
A A A
Welcome bhaimia
RSS

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

Indonesia’s Apexindo cancels sukuk bond issue

Posted on 08 June 2009

From Reuters: Indonesian drilling firm PT Apexindo Pratama Duta Tbk APEX.JK cancelled plans to raise 250 billion rupiah ($25 million) from an Islamic-compliant bond issue, an official at the firm said on Friday.

The firm had planned to raise 500 billion rupiah from the sale of conventional bonds and a further 250 billion rupiah from an ijarah sale-and-leaseback sukuk, with the proceeds intended for working capital…….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