Malaysia Subway Financier to Tap 3-Year Low Borrowing Costs

Updated on
  • Plans to sell 2 bln ringgit of sukuk with multiple maturities
  • May pay coupon rates of 4% to 4.15% for 10-year debt: Areca

The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

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