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Back 13 Nov 2015

 

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 Sukuk 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 12 November 2015 successfully priced its proposed United States Dollar (“USD”) denominated Sukuk to be issued pursuant to the Sukuk Programme (“Second Series”).

The bookbuilding process for the Second Series was completed intra-day on 12 November 2015. The Second 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 RM2.183 billion, based on the middle rate of USD1.00:RM4.3650 as at 5.00 p.m. on 12 November 2015 as published by Bank Negara Malaysia)
Sukuk assets : Airtime vouchers
Issue price : Issued at par
Tenure of issue : 5 years
Profit rate : 3.466% per annum, payable semi-annually

 

 

 

Please refer to the attachments for the description and terms and conditions and the pricing supplement for the Second Series.

 

This announcement is dated 13 November 2015.

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 Second 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 Second 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)



Please refer attachment below.

 

 


Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 13 Nov 2015
Category General Announcement for PLC
Reference Number GA1-12112015-00062

Attachments

  1. Axiata_-_Second_Series_Pricing_Supplement.pdf (Size: 162,001 bytes)
  2. Axiata_-_General_Description_and_Terms_and_Conditions_of_the_Sukuk.pdf (Size: 238,150 bytes)