IHH Healthcare Launches 15 Billion Ringgit Sukuk Programs

MT Newswires

2024/09/12

IHH Healthcare (SGX:Q0F, KLSE:IHH) unit Pantai Holdings established Sukuk Wakalah programs with a 15 billion ringgit limit, according to a Wednesday filing on the Singapore Exchange.

The Islamic commercial paper program has a seven-year tenure, while the medium-term bonds program is perpetual.

Proceeds will finance Shariah-compliant investments and debt refinancing.

OCBC Al-Amin Bank Berhad is the principal adviser, the lead arranger, the lead manager, the facility agent for the offering.

Price (SGD): S$2.02, Change: S$-0.0100, Percent Change: -0.49%

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