The Asset Update
Sime Darby locks in cheap funding with sukuk offering
24 Jan 2013 by Chito SantiagoMalaysian conglomerate Sime Darby made a successful debut in the US dollar bond market, pricing on January 22 a dual-tranche sukuk issue totaling US$800 million. It is the first Malaysian issuer and the first sukuk issuer globally to launch in the international US dollar debt capital markets in 2013. The transaction did not disappoint as it generated a robust investor demand as it offered a welcome diversification from the slew of conventional bond deals that are flooding the market since the start of the year....
This article is restricted content and is only available for The Asset Premium Subscribers.
In order to gain access to it please either Log in, or Subscribe now
The Asset Premium Subscription entitles you to access exclusive benefits
Access to TheAsset.com archive
Subscription to The Asset Magazine, print edition
Special access to videos carried by TheAsset.com
Downloadable articles for offline use
Exclusive in-house online research data from Asset Benchmark Research
Delivery of updated news via The Asset e-mail newsletter
Discounted registration and participation to by-invitation only events organized by The Asset Forum and partner events
Exclusive discounts to attend The Asset Seminar/Training
Contact The Asset
© Asset Publishing and Research Limited
All rights reserved. No unauthorized reproduction by any means.