MAHB raises RM1.6bil in oversubscribed sukuk wakalah

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has priced and issued its third senior sukuk wakalah, valued at RM1.6 billion, under its sukuk wakalah programme, which has an aggregate limit of RM5 billion in nominal value.

In a statement today, the group said overwhelming investor demand led to an oversubscription rate of more than 3.6 times at its peak.