Danajamin guarantees Trinity Group’s first sukuk issuance


Deal sealed: (from left) NewParadigm executive director Danny Kwan, managing director Charanjeev Singh, Trinity Group MD Datuk Neoh Soo Keat, Alliance Investment Bank senior vice-president, head, debt capital markets Michael Ng and Danajamin Nasional Bhd CEO Mohamed Nazri Omar at the signing ceremony.

KUALA LUMPUR: Danajamin Nasional Bhd is guaranteeing the RM30mil Tranche 1 Sukuk Murabahah Islamic Commercial Paper (Tranche 1 ICP) issued by Trinity Asia Ventures Bhd (TAVB), a wholly owned subsidiary of Trinity Group Sdn Bhd.

Trinity Group has established a RM2.5bil financial programme comprising a RM1.5bil Sukuk Musharakah Islamic Medium-Term Notes (IMTN) programme and a RM1bil Sukuk Murabahah ICP programme through a special-purpose financial vehicle, TAVB.

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