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Friday, May 3, 2024

Launch Partners

Cagamas issues ASEAN Social SRI Sukuk worth RM100 million (US$21.48 million)

MALAYSIA: Cagamas has on the 20th November 2023 issued an ASEAN Social SRI Sukuk facility worth RM100 million (US$21.48 million) that carries a two-year tenor and a 3.83% coupon rate, according to a Bond and Sukuk Information Exchange filing.

The facility received an ‘AAA’ rating from RAM Ratings and an ‘AAA IS’ rating from MARC Ratings.

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