09.08.2010 - New sukuk issue to refinance DUKE debt
From Btimes.com.my: The owner of the Duta-Ulu Kelang Expressway (DUKE) plans to restructure its RM780 million debt to rectify its funding-concession mismatch, and has approached Danajamin Nasional Bhd to ensure the success of its new Islamic bond. "There is a need for a new sukuk issuance as there's a mismatch between the asset and the company's financing requirements," said a source familiar with the latest proposed issuance..............................................Full Article: Source
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