Aug 11, 2011

4 Shortlists for US$1 bio sukuk

Ministry of Finance has put four potential arrangers into shortlist to help arranging US$1 billion global sukuk bonds next month.
Two sources close to the deal said the shortlisted bidders are CIMB Securities, Citi, HSBC Securities, and Standard Chartered Bank.
The global sukuk may have 7 and 10 years tenor. So far, there is no official government gave statement on the information. 

Disclosure: No position at the stock mentioned above.

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