Danajamin managing director Mohamed Nazri Omar said:
KUALA LUMPUR: Danajamin Nasional Bhd, the country’s first financial guarantee insurer, announced that it is guaranteeing RM130mil tranche 1 sukuk murabahah Islamic commercial paper programme issued by Exsim Capital Resources Bhd (ECRB), a wholly-owned subsidiary of Exsim Development Sdn Bhd (Exsim Group).
In a release, Danajamin said that the RM130mil tranche 1 Islamic commercial paper of RM1bil is the credit enhancement to Exsim Group’s RM290mil tranche 1 sukuk musharakah Islamic medium term notes programme of RM2bil (tranche 1 IMTN).
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
