Mexim heads offshore for $300m Islamic loan

malaysia mosque px230
By Pan Yue
15 May 2019

Export-Import Bank of Malaysia is tapping the offshore loan market for a $300m Islamic borrowing.

Standard Chartered and BNP Paribas are the two mandated lead arrangers and bookrunners, said a banker who received the invitation.

The transaction has a tenor of five years and amortises over 4.5 years. The margin is priced at 90bp over Libor.

Potential participants who choose to ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial