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Kuwait GIC issues 253m five year sukuk under its 20-year 118bn Sukuk Wakalah bi Istithmar Medium Term Notes Programme |
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Saturday, 06 August 2011 00:13 |
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Kuwait: Gulf Investment Corporation GSC, Kuwait GIC has on 3 August 2011 successfully issued MYR750m ($253m) under its existing 20 year MYR3.5bn ($1.18bn) Sukuk Wakalah bi Istithmar Medium Term Notes Programme (the GIC Sukuk). AmInvestment Bank Berhad (AmInvestment Bank) acted as the Sole Lead Manager for this GIC Sukuk issuance with AmIslamic Bank Berhad appointed as the Transaction Agent to facilitate the commodity trading via the Suq Al-Sila'
trading platform on Bursa Malaysia (Bursa Suq Al-Sila'). [AMEInfo.com] Read more:
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