21.02.2012 - Malaysia's Maxis gets nod for $805 mln Sukuk
Malaysian mobile phone network operator Maxis Bhd has obtained the approval from the Securities Commission for the proposed issuance of a 2.45 billion Malaysian ringgit ($804.99 million) sukuk, according to a local stock exchange filing on Monday. Maxis said on Feb 16 it intended to use 1.45 billion ringgit of the 30-years sukuk to refinance its existing loans while the rest will be used for capital expenditure and other operational purposes...............................................Full Article: Source
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