RAM Ratings sees DanaInfra’s sukuk issuance rising sharply in 2018


KUALA LUMPUR: RAM Rating Services Bhd expects quasi-government heavyweights, led by Danainfra Nasional Bhd to increase its issuance of Islamic debt notes or sukuk significantly in 2018.

The rating agency’s head of Islamic finance Ruslena Ramli said the significant increase would be “driven by the funding requirements for the MRT Line 2 and the Pan Borneo Highway”.

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Business , RAM Ratings

   

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