Cagamas concludes issuance of RM200m sukuk

Cagamas Bhd has announced the successful issuance of its RM200 million five-year Islamic Medium Term Notes (IMTNs), the proceeds of which will be used for the company’s working capital purposes.

“We are pleased with the successful pricing of this issuance amid stricter measures implemented nationwide under the movement control order 3.0 (MCO 3.0), following the rise in Covid-19 cases in recent weeks.

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