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.
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