Malaysia Kicks Off Its First-Ever Sustainability Sukuk Deal
Bloomberg 1 hr ago Finbarr Flynn and Harry Suhartono
(Bloomberg) Malaysia started marketing its first-ever sustainability Sukuk, adding to a growing number of countries turning to debt financing for environmental projects.
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The Southeast Asian nation is marketing dollar-denominated Islamic finance securities in 10-year and 30-year parts, and the shorter tenor is a sustainability offering, a person familiar with the matter said. The deal may price as soon as today, according to the person, who asked not to be identified as the details are private.
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Updated Apr 13, 2021 | 13:11 IST
Infosys shares were trading 2.76% lower at Rs 1,387.80 apiece in the afternoon trade. This is on top of Monday s 1% correction in the stock. Representational image
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