MY Dealbook: Maxis plans $2.5b sukuk, IDB to float bonds worth $86.6m

Malaysian corporates have announced major sukuk issuances including one by the largest telecommunications group Maxis Bhd and another by the Islamic Development Bank.

Maxis’ unit plans $2.5b sukuk

A unit under telecommunications group Maxis Bhd, Maxis Broadband Sdn Bhd, is planning a sukuk (Islamic bond) issuance to raise as much as MYR10 billion for acquisitions and capital expenditure.

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