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Subsidiary defaults on interest payment for sukuk
RIYADH: Saudi Aramco, the world’s biggest energy company, has hired banks for its first ever US dollar-denominated Islamic bonds.
PETALING JAYA: Khazanah Nasional Bhd returned to the US-dollar sukuk market where its dual-tranche offering attracted strong demand across Asia, Europe and the Middle East.
Khazanah Nasional Bhd returned to the US dollar Sukuk market where its dual-tranche offering attracted strong demand across Asia, Euope and the Middle-East.
KUALA LUMPUR: There was overwhelming interest for Malaysia's US$800mil 10-year and US$500mil 30-year sovereign US dollar sustainability sukuk, which was oversubscribed by 6.4 times, said the Finance Ministry (MoF) in a statement today.
KUALA LUMPUR: International rating agency Moody’s Corporation has acquired a minority stake in Malaysian Rating Corporation Bhd (MARC).
KUALA LUMPUR: S&P Global Ratings and Fitch Ratings have assigned ratings to engineering solutions provider Serba Dinamik Holdings Bhd's proposed US dollar sukuk.