KUALA LUMPUR: The bookbuilding for Edra Solar Sdn Bhd’s RM245mil solar socio-agricultural Sukuk received overwhelming interest with a bid to cover ratio of more than 11 times.
OCBC Al-Amin Bank Bhd, acting as Edra Solar's Sukuk sustainability framework adviser and lead arranger, said it led a roadshow on Sept 30 for the book building for all eight tranches of the Sukuk with tenors ranging between one and 18 years.
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