Hong Leong prices first sukuk as Public Bank lines up

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Hong Leong prices first sukuk as Public Bank lines up

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Hong Leong Islamic Bank has issued MR400m ($124.5m) of 10 year sukuk as a first tranche of its MR1bn Basel III-compliant programme. The deal comes as Public Islamic Bank is readying a MR500m first tranche of its MR5bn sukuk programme.

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