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Sunday, May 28, 2023

Launch Partners

Agroto to issue RM100 million (US$22.64 million) Sukuk under ASEAN Sustainability SRI Sukuk Programme

MALAYSIA: Agroto has announced its plan to issue RM100 million (US$22.64 million)-worth of Sukuk in one or more tranches under its ASEAN Sustainability SRI Sukuk Programme of up to RM300 million (US$67.93 million), according to an official note.

This proposed issuance has been assigned an ‘AA1(bg)/Stable’ rating by RAM Ratings while the earlier RM200 million (US$45.29 million) five-year tranche was also reaffirmed at the same rating.

  • Companies in the Article
  • Agroto

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