Malaysia's RHB Investment Bank will launch a RM500 million-RM1 billion (US$139.5 million-$279.1 million) Islamic bond issue in a roadshow next month, a newspaper reported on Monday, reports Reuters.
"We have seen quite a bit of interest for the sukuk already, from the Middle East, London and New York," the bank's managing director Chay Wai Leong was quoted as saying by the Edge Financial Daily, adding that the issuance would be a multi-currency sukuk.
The newspaper said the bank, which is part of Malaysia's fourth-largest lender RHB, is looking to arrange a sukuk for South Korean oil firm GS Caltex, the report added.
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