19.02.2013 - Columbia Asia issues RM300mln sukuk
Columbia Asia Sdn Bhd has issued a RM300 million sukuk (Islamic bonds) to partly finance its future capital expenditure, for working capital and the redemption of its existing syndicated financing facility. This is the first time Columbia Asia has tapped the sukuk market for its funding requirements. The sukuk was issued in two tranches, with maturities ranging from five to 10 years to the identified placees on a private placement basis...........................................Full Article: Source
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