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

MAHB plans Islamic bonds

Posted on 06 August 2010

From Thestar.com.my: Malaysia Airports Holdings Bhd (MAHB) plans to offer up to RM3.1bil in Islamic bonds to part finance the construction of a new terminal. The new terminal is expected to be completed by the end of the first quarter of 2012.
In a filing to the stock exchange today, MAHB said the proceeds would also be used to refinance its existing borrowings/financings which were utilised for Shariah-compliant purposes and/or for MAHB’s Shariah-compliant general corporate purposes……………………………………….Full Article: Source

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