Launch Partners

Tuesday, October 4, 2022

Launch Partners

Cagamas prices ASEAN Sustainability SRI Sukuk paper at RM150 million (US$34.02 million)

MALAYSIA: The National Mortgage Corporation of Malaysia, or Cagamas, has priced its three-year ASEAN Sustainability SRI Sukuk at RM150 million (US$34.02 million) which was concluded at 45bps, a press release confirmed. Proceeds from the issuance will be used to fund the purchase of housing loans and eligible affordable house financing from the financial system.  

The issuance (unsecured obligation) will be redeemed at full nominal value upon maturity, ranking pari passu with all other existing unsecured obligations of the company.  

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