30.04.2009 - GS Caltex hires Merrill, RHB for first Korean Islamic bond sale
From Bloomberg: GS Caltex Corp., South Korea’s second-largest oil refiner, hired Merrill Lynch & Co. and RHB Investment Bank Bhd. to help it sell what may be the country’s first Islamic bonds, known as sukuk. The Seoul-based company plans to raise as much as 1 billion ringgit ($278 million) from bonds in dollars and the Malaysian currency and will meet investors in the Middle East and the U.K. next month, Chay Wai Leong, RHB Investment’s chief executive officer, said.......Full Article: Source
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