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 P > Headlines for Paramount Corp. Bhd. > News item
Published on 3/29/2017 in the Prospect News Emerging Markets Daily.

New Issue: Malaysia-based Paramount’s KDU subsidiary issues RM 30 million sukuk

By Marisa Wong

Morgantown, W.Va., March 29 – Paramount Corp. Bhd. announced that wholly owned subsidiary KDU University College Sdn. Bhd. issued RM 30 million of Islamic medium-term notes under its RM 200 million sukuk program on Wednesday.

OCBC Bank (Malaysia) Bhd. is the lead arranger and lead manager.

Paramount is a property development company based in Petaling Jaya, Malaysia. The private college is also based in Petaling Jaya.

Issuer:KDU University College Sdn. Bhd.
Issue:Islamic medium-term notes
Amount:RM 30 million
Arranger:OCBC Bank (Malaysia) Bhd.
Settlement date:March 29

© 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.