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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Khazanah Nasional’s RM10bln Islamic notes affirmed at AAA

Posted on 27 August 2013

Khazanah Nasional Bhd has proposed to issue RM10bil multi-currency Islamic securities programme via Danga Capital Bhd, which is a trust-owned special purpose vehicle. RAM Rating Services Bhd had on Monday reaffirmed the AAA rating of Danga Capital debt notes. It said the long-term rating has a stable outlook.
Danga, a trust-owned special purpose vehicle, had been incorporated for the sole purpose of facilitating the issuance of the Islamic securities programme (ISP)………………………………………..Full Article: Source


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