Gulf Times - Malaysia subway financier to tap 3-year low borrowing costs

The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

DanaInfra Nasional Bhd plans to offer 2bn ringgit ($482mn) of government-guaranteed Islamic bonds after selling 4.5bn ringgit of sukuk in April, people familiar with the matter said. The proceeds will be used to help finance construction of the nation’s mass rail transit system, part of Prime Minister Najib Razak’s $444bn development programme.

The Star Online - DanaInfra to tap 3-year low borrowing costs

It plans to offer RM2bil of government-guaranteed Islamic bonds

KUALA LUMPUR: The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

DanaInfra Nasional Bhd planned to offer RM2bil of government-guaranteed Islamic bonds this week after selling RM4.5bil of sukuk in April, people familiar with the matter said.

The Star Online - DanaInfra plans to tap Islamic bond market for MRT

KUALA LUMPUR: The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

DanaInfra Nasional Bhd. plans to offer 2 billion ringgit ($482 million) of government-guaranteed Islamic bonds this week after selling 4.5 billion ringgit of sukuk in April, people familiar with the matter said.

Bloomberg - Malaysia Subway Financier to Tap 3-Year Low Borrowing Costs

Plans to sell 2 bln ringgit of sukuk with multiple maturities
May pay coupon rates of 4% to 4.15% for 10-year debt: Areca

The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

Zawya - Sukuk Pipeline - Issue plans around the world

DUBAI, Aug 28 (Reuters) - Following are major Islamic bond issues in the global pipeline.

The Thomson Reuters Global Sukuk Index was last at 122.29605 points, up from 116.97354 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 121.31371 points against 115.21206 at end-2015.

PAKISTAN - Pakistan plans an international issue of sukuk and is asking banks for expressions of interest in managing the sale, the finance ministry said in late August.