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Saturday, May 25, 2024

Launch Partners

Amanat Labuhraya Rakyat proposes RM5.5 billion (US$1.2 billion) sustainability Sukuk Murabahah program

MALAYSIA: Amanat Labuhraya Rakyat (ALR) has made a lodging on the Securities Commission Malaysia’s Lodge and Launch Framework for its proposed sustainability Sukuk Murabahah program worth up to RM5.5 billion (US$1.2 billion). AmInvestment Bank, CIMB Investment Bank and Hong Leong Investment Bank have been appointed as the principal advisors for the proposed program.

IFN previously reported that MARC and RAM have assigned preliminary ratings of ‘AAAIS’ and ‘AAA/Stable’ respectively to the proposed program. Share this:

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