KUALA LUMPUR, AEON Credit Service (M) Bhd has issued the sixth senior sukuk issuance under its RM2 billion sukuk wakalah programme. The issuance, with a nominal amount of RM350 million, was issued in two tranches comprising RM130 million for a five-year tenure and RM220 million for six years, it said in a filing with Bursa Malaysia today. Proceeds from the senior sukuk will be utilised to fund financing and to refinance existing loans/financing or any sukuk issued by the company. All utilisation of the sukuk programme proceeds will be shariah-compliant. Source: BERNAMA News Agency
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