Investors vie for piece of rare Sime Darby sukuk

Sime Darby locks in record low coupons for a rare US dollar sukuk from Malaysia.
<div style="text-align: left;"> Sime Darby's headquarters in Kuala Lumpur </div>
<div style="text-align: left;"> Sime Darby's headquarters in Kuala Lumpur </div>
January 24, 2013

Malaysian plantation company Sime Darby on Tuesday offered investors the chance to take part in a rare dollar sukuk from Malaysia. It tapped investors with an $800 million dual-tranche bond, which attracted a blowout order book of $8.7 billion.

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