12.10.2012 - Axiata sukuk signals use of new assets in Islamic finance
Axiata's establishment of a multi-currency sukuk programme and subsequent dim sum sukuk issue marks a new level of flexibility for underlying assets in an individual deal. The September RMB 1 billion ($158.7 million) issue was the largest RMB-denominated dim sum bond to date. It followed Axiata's, a Malaysian telecommunications company, establishment of a $1.5 billion multi-currency sukuk issuance programme established in August this year. It was Asia's first internationally-rated programme of its type...............................................Full Article: Source
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