Business News

Friday, 6 September 2013 | MYT 6:32 PM

Malaysia Airports completes issuance of RM500m Sukuk

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has successfully completed the issuance of RM500mil Islamic debt notes in two tranches of three years and five years.

The debt notes were issued under MAHB's senior Sukuk programme.

It said on Friday the distribution rate for the first tranche of RM250mil, which will mature on Sept 6, 2016, was 3.85%. The rate for the second tranche, which will mature on Sept 6, 2018, is 4.15%.

MAHB had mandated CIMB Investment Bank Bhd, Citibank Bhd, HSBC Amanah Malaysia Bhd and Maybank Investment Bank Bhd as, amongst others, the joint lead arrangers and joint lead managers for the programmes. 

Tags / Keywords: Investing

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