MNRB Holdings Bhd plans to set up a Sukuk Mudharabah programme of up to RM150mil while it has also secured a RM200mil revolving credit-i facility from Standard Chartered Saadiq Bhd.
The reinsurer said on Monday of the RM150mil Sukuk, it would use RM120mil to refinance its short-term revolving credit facility of up to RM120mil which matures on Dec 10, 2012. The remaining RM30mil would be used for the group's general working capital...............................................Full Article: Source
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