Tue 12/28/2021 04:59 AM
Indicative pricing on Serba Dinamik Holdings Bhd.’s sukuks has dropped to 9/ 11 for the $222.2 million 6.3% due May 2022s and 10/ 12 for the $180.12 million 6.99965% due March 2025s, said two buysiders. The due 2025s traded at 12.4/13.4 on Dec. 6, but were indicated on Dec. 10 at 15/ 17, while the 2022s were in the high teens,
as reported.
Separately, Malaysian financial news outlet
The Edge Markets reported today, Dec. 28 that Serba Dinamik and its officers have been charged by the...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.