Sat, Feb 27, 2021
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Malaysia’s Antara Steel Mills to raise $98mln from Islamic bonds

Posted on 26 January 2011

From Thestar.com.my: Antara Steel Mills, a subsidiary of Lion Group in Malaysia, wants to raise 300 million ringgit ($98.3 million) by issuing sukuk — bonds which are compliant with Islamic law — to fund working capital.
Through the Islamic securities programme, Lion Industries said in a filing with Bursa Malaysia that Antara would have cash inflow of RM300mil, of which RM130mil would be utilised to refinance the outstanding existing Islamic securities which were issued by Antara in 2005……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
February 2021
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728