The deal built a book of M$9 billion, with a four times subscription rate at the time of pricing, and is another step towards developing and deepening the domestic Islamic capital market.
The six-day roadshow for the deal encompassed Kuala Lumpur, Singapore and Hong Kong, allowing Cagamas to meet the bulk of key Islamic investors in the region.
The issue is the largest Malaysian RMBS transaction to date, CagamasÆ second Islamic...
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