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Aye for Sime’s US$1.5b sukuk

Mon, 2013-01-14 12:07 — newsdesk

Sime Darby Bhd has been approved by the Securities Commission for its proposed US$1.5bil multi-currency sukuk issuance programme. The programme is seen as a significant landmark since it is first internationally rated multi-currency syariah-compliant sukuk programme by an Asian corporate. The ratings of Sime are A, A and A3 by Standard & Poor's Rating Services, Fitch Ratings Ltd and Moody's Investor Service, Inc.

Source: 

http://biz.thestar.com.my/news/story.asp?file=/2013/1/14/business/125715...