Malaysia's Edra Power hires banks for $1.25b sukuk issue

Malaysia's Edra Power hires banks for $1.25b sukuk issue

View of Kuala Lumpur City at night

Malaysian independent power producer Edra Power Holdings has hired three domestic banks to raise 5.28 billion ringgit ($1.25 billion) through a sukuk programme, two sources familiar with the deal said on Thursday.

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