Air Selangor raises RM1.15 bln from inaugural Sukuk Murabahah issuance
23 Dec 2020 / 15:26 H. KUALA LUMPUR: Pengurusan Air Selangor Sdn Bhd (Air Selangor) has successfully completed its inaugural Islamic Medium Term Notes (IMTN) and Islamic Commercial Papers (ICP) issuances under its recently established Sukuk Murabahah Programme. In a statement today, it said the IMTN programme comprised a 30-year and seven-year ICP programme with a combined limit of up to RM10 billion in nominal value. Pursuant to the Sukuk Murabahah issuances, Air Selangor has successfully raised RM50 million via the ICP issuance and RM1.1 billion across four tenors between three and 10 year...
Source: thesundaily.my