MALAYSIA:
The sale of a RM5.3 billion (US$1.73 billion) Sukuk to fund the purchase of
aircraft which will be leased to ailing national carrier Malaysia Airline
System (MAS) is expected to come to market soon.
The Sukuk represents the second phase of the carrier’s
funding plan unveiled in May this year, which include a landmark perpetual
Sukuk sold in two tranches in June and September; and plans for a commercial
loan.
See: http://www.islamicfinancenews.com/
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