Sarawak Energy proposes RM15b sukuk, rated AA1

Sarawak Energy Bhd (SEB) plans to issue up to RM15 billion in Islamic debt notes.
RAM Rating Services Bhd revealed that SEB had proposed the Sukuk Musyarakah programme of up to RM15 billion. RAM Ratings said SEB’s generating capacity is set to triple within a relatively short time.

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