10.10.2011 - Bond issuers turn to Malaysia, Asia
Today, Kuveyt Turk Participation Bank (KTPB), which is majority owned by Kuwait Finance House, one of the largest Islamic banks in the world, launches its roadshow for its proposed 5-year $350 million Sukuk Al-Ijara issuance. The fact that the roadshow is starting in Kuala Lumpur, Malaysia is revealing in that issuers from the Middle East, largely from the Gulf Cooperation Council (GCC) countries and now Turkey for the first time, are turning to investors in Malaysia and Asia to raise their funding requirements. .............................................Full Article: Source
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