menu

Sukuk Database

Sukuk.com is a leading provider of in-depth coverage of issued Sukuk covering information on Issuers and Arrangers, as well as detailed Sukuk information covering everything from Coupon Rate to Credit Rating as well as other supporting documentation.

Axiata 2020

Summary
SPV Name:
Axiata SPV2 Berhad 

Notes:
Order book of over USD1.92 billion orders from more than 170 accounts, representing a bid-to-cover ratio of close to 3.8 times. Cross-border participation from a wide and diverse base of investors, with 58 percent from Asia, 22 percent Europe and 20 percent from Middle East. This issuance is the second issuance under Axiata’s multi-currency sukuk issuance programme with an aggregate nominal value of USD1.5 billion (or its equivalent in other currencies) (“Sukuk Programme”), established on 17 July 2012. Based on the Shari'a principle of Wakala whereby the underlying assets are airtime vouchers, representing entitlement to a specified number of airtime minutes on the mobile telecommunications network of subsidiaries of Axiata for on-net calls. 


Profit rate:
3.466%
 
Download Documents:
 
Sukuk Details
Type:
Wakala 

Issue Size:
500 million 

Currency:
USD 

Maturity:
13 November 2020 

Country of Issue:
Malaysia 

Tenor:
5 Years 
Issue Date:
13 November 2015 
Sukuk Rating:
Moodys: Baa2 S&P: Baa2 
Exchanges:
Arrangers:
Advisors:
 
 
 
 

Related News

 

No Record Found

RECENTLY ADDED AND UPDATED CONTENT

 
 Modal