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Telekom Malaysia to buy back all outstanding medium-term Islamic bonds

9 Feb 2021 | Tuesday Source: The Edge Markets

Telekom Malaysia Bhd (TM) is planning to buy back all the outstanding Islamic Medium-Term Notes (IMTNs) before their respective maturity dates.

These debt papers were issued up to RM2 billion in nominal value. There are seven tranches with coupon rates between 3.93% and 4.5%, as well as maturity dates of between June 25, 2021 and June 23, 2023.

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