Malaysia to hire advisors for US$1b sukuk
It appears that Malaysia is going to choose Maybank Investment Bank Bhd, CIMB Investment Bank Bhd and HSBC Amanah Malaysia Bhd to advise on a global Islamic sovereign bond to raise more than US$1 billion. An anonimous source told that this could start even next month.
The government seems to be arranging a 10-year dollar-denominated sukuk, in its second sovereign sale of Shariah-compliant debt in a year.
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