Yinson to issue five-year RM1b Islamic bonds tomorrow

Yinson Holdings Bhd will issue RM1 billion worth of five-year Islamic medium-term notes (IMTN) on Tuesday (Dec 7, 2021), which will pay an annual profit rate of 5.55% under the oil and gas support services provider's Wakalah Islamic bond or sukuk scheme, according to updates on the Bond and Sukuk Information Exchange's (BIX) website.

According to BIX, Yinson's RM1 billion IMTN, which mature on Dec 7, 2026, will make the scheme's first profit payment on June 7, 2022.

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