Malaysia-press-danainfra to issue 1. 5 bln rgt sukuk by mid-november-malaysian reserve

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DanaInfra Nasional Bhd is finalising plans to issue a 1.5billion ringgit ($490.6 million) sukuk tranche by mid-Novemberto finance the Sungai Buloh-Kajang (SBK) mass rapid transit(MRT) line,


with one portion to be marketed as retail bond asraised in the federal budget for 2013 announced last week. The issuance, part of the 8 bln ringgit Islamic commercialpapers/Islamic


medium-term notes (ICP/IMTN) programme signed inearly July, will see one fifth of the value, or 300 mln ringgit,being floated as a retail bond, said an official involved in theissuance. ----


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---- NOTE: Reuters has not verified this story and does not vouchfor its accuracy. ((Kuala Lumpur newsroom, +603 2333-8046, fax +603 2161-3340,[email protected])) (Reuters) Keywords:


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