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EPF to subscribe RM3.4 bln to Celcom’s Sukuk exercise

Posted on 20 August 2010

From Istockanalyst.com: Celcom Axiata Bhd has successfully placed RM4.2 billion nominal value unrated sukuk (trust certificates) under a private offering to the Employees Provident Fund Board (EPF), CIMB Islamic Bank Bhd and Malayan Banking Bhd.
The sukuk issuance, with tenures ranging from five to 10 years, will be provided by Celcom’s wholly-owned subsidiary, Celcom Transmission (M) Sdn Bhd (CTX)……………………………………….Full Article: Source

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