E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers A > Headlines for Axis Real Estate Investment Trust > News item
Published on 4/10/2015 in the Prospect News Emerging Markets Daily.

Malaysia’s Axis REIT extends sukuk program to perpetual program

By Marisa Wong

Madison, Wis., April 10 – Axis Real Estate Investment Trust announced that subsidiary Axis REIT Sukuk Bhd. extended the term of its sukuk program to a perpetual program from a 15-year program, effective Friday.

In January the company had increased its sukuk program to RM 3 billion from RM 300 million.

The Petaling Jaya, Malaysia-based trust established the Islamic medium-term note program in June 2012, as previously reported.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.