24.01.2013 - Sime Darby prices $800 mln Islamic bonds
Malaysia's Sime Darby Bhd , the world's largest palm oil company by planted area, today priced the first issuance of an US$800 million (RM2.43 billion) Islamic bond under a US$1.5 billion facility established earlier this month. The first Islamic bond, or sukuk, will be issued in two tranches - a five-year US$400 million sukuk priced at 2.05 per cent per annum, and a 10-year US$400 million sukuk at 3.3 per cent...............................................Full Article: Source
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