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Back 16 Mar 2016
Type Announcement
Subject OTHERS
Description ISSUANCE OF USD500.0 MILLION SUKUK

We refer to the announcement dated 19 July 2012 in relation to the establishment of the multi-currency Sukuk programme with an aggregate nominal value of up to USD1.5 billion or its equivalent in other currencies (“Sukuk Programme”).

On behalf of Axiata Group Berhad (“Axiata”), CIMB Investment Bank Berhad wishes to announce that Axiata SPV2 Berhad, a wholly-owned subsidiary of Axiata, had on 15 March 2016 successfully priced its United States Dollar (“USD”) denominated Sukuk to be issued pursuant to the Sukuk Programme (“Third Series”).

The bookbuilding process for the Third Series was completed intra-day on 15 March 2016. The Third Series is expected to be listed and quoted on Bursa Malaysia (under the Exempt Regime) and on the Singapore Exchange Securities Trading Limited with the following salient terms:

Total issue size      :  USD500.0 million (equivalent to approximately RM2.067 billion, based on the middle rate of USD1.00:RM4.1335 as at 5.00 p.m. on 15 March 2016 as published by Bank Negara Malaysia)
Sukuk assets   :  Airtime vouchers
Issue price  : Issued at par
Tenor of issue     : 10 years
Profit rate  : 4.357% per annum, payable semi-annually

Please refer to the attached pricing supplement for the material terms of issue for the Third Series.

 

This announcement is dated 16 March 2016.

 

This announcement does not constitute or form part of any offer to purchase, a solicitation of an offer to purchase, an offer to sell or a solicitation of an offer to sell, securities in the United States or any jurisdiction in which such offer or solicitation or sale would be unlawful.

The Third Series have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or the securities laws of any state of the United States or other jurisdiction and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any applicable state or local securities law. No public offering of the Third Series is being or will be made in the United States or any other jurisdiction. Neither this announcement nor any portion hereof may be sent or transmitted into the United States or any jurisdiction where it is unlawful to do so. Any failure to comply with these restrictions may result in a violation of the Securities Act or the applicable laws of other jurisdictions. A rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction or withdrawal at any time by the rating agency. Stabilisation (FSA/ICMA)

 

 



Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 16 Mar 2016
Category General Announcement for PLC
Reference Number GA1-15032016-00040

Attachments

  1. Axiata_-_Third_Series_Pricing_Supplement.pdf (Size: 266,533 bytes)

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