19.09.2012 - MAS issues second tranche of sukuk
Malaysias Airlines (MAS) has issued the second tranche of the junior sukuk programme, amounting to RM500mil yesterday, following the programme of up to RM2.5bil in May this year. In a filing with Bursa Malaysia, MAS said that the sukuk was issued at par and carries a semi-annual profit rate of 6.9% per annum up to year 10. If MAS does not exercise its option to redeem at the end of the 10th year, the periodic distribution increases by 2.5%...............................................Full Article: Source
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