Launch Partners

Launch Partners

WCT issues Sukuk

MALAYSIA: WCT Holdings has on the 11th March 2024 issued an Islamic medium-term note worth RM50 million (US$10.67 million) that carries a 6.1% coupon rate and a two-year tenor, according to a Bond and Sukuk Information Exchange filing.

The paper received an ‘A+ IS’ rating from MARC Ratings. RHB Investment Bank was the lead arranger.

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