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Our Work : Debt Capital Markets and Islamic Markets Transactions
 
   
 
 
     
Debt Capital Markets and Islamic Markets Transactions   
Al-‘Aqar Capital Sdn Bhd
Value : RM300 million
Role : Principal Adviser & Lead Arranger
Deal Nature : Sukuk Ijarah programme
Deal Highlights : Al-‘Aqar Capital is the funding vehicle for Al-‘Aqar KPJ REIT, the first listed Islamic REIT in the world and first healthcare REIT in Asia Pacific. This issue sets the benchmark for future issues of Islamic securities by other REITs as well as spearheads the introduction of a new asset class in the Islamic securities market in Malaysia. The transaction is backed by total income of a REIT and secured against the value of the REIT’s total assets. Winner of numerous awards, bagging the Islamic Finance News for the Real Estate Deal of the Year for 2008, Most Innovative Deal by Euromoney Islamic Finance Awards 2008 and Best Islamic REIT Deal in South East Asia in the Alpha South East Asia Deal Awards 2007.
Asian Development Bank
Value : RM3.8 billion
Role : Lead Arranger
Deal Nature : Debt capital market transaction
Deal Highlights : The world’s first-ever Ringgit-denominated funding programme by a supranational issuer.
Asian Development Bank
Value : RM400 million
Role : Joint Principal Adviser, Joint Lead Arranger, Joint Lead Manager & Joint Bookrunner
Deal Nature : Conventional bonds
Deal Highlights : A winner of the IFR Asia Awards 2004 for Malaysia Bond Deal of the Year. This transaction represents the first Ringgit-denominated issuance by a supranational issuer.
Binariang GSM Sdn Bhd
Value : RM21 billion
Role : Joint Lead Manager
Deal Nature : Islamic debt capital market transaction
Deal Highlights : The Binariang GSM multi-tranche Islamic bond issue was the largest local currency bond from emerging Asia and involved virtually every investor in Malaysia. The deal stretched the country’s fast-growing Islamic bond market to its limit. A winner of the Blueprint Award- Most Outstanding Deal of the Year-2007 awarded by RAM, Best Malaysia Capital Markets Deal in IFR Asia Awards 2008 and Country Deal of the Year- Malaysia in Asiamoney Deals of the Year 2008.
Cagamas MBS Berhad
Value : RM2.05 billion
Role : Joint Lead Manager
Deal Nature : Islamic residential mortgage backed securities via ABS
Deal Highlights : World’s first issuance of Islamic residential mortgage backed securities. AAA-rated issuance added to the existing class of assets available to Islamic fixed income investors and further promotes the Government of Malaysia’s objective to promote Malaysia as an Islamic financial hub. Winner of RAM League Awards for 2005 Blueprint Award – New Islamic Benchmark Deal. Winner of FinanceAsia Achievement Awards 2005 – Best Malaysia Deal, and Best Domestic Securitisation/Best Islamic Finance Deal.
DRB-HICOM Berhad
Value : RM1 billion
Role : Joint Principal Adviser & Joint Lead Arranger
Deal Nature : Islamic debt capital market transaction
Deal Highlights : The first issuance of Islamic securities by Malaysia’s largest integrated automotive company.
Jimah Energy Ventures Sdn Bhd
Value : RM6.1 billion
Role : Joint Principal Adviser/Joint Lead Arranger/ Joint Lead Manager
Deal Nature : Islamic Securities programme
Deal Highlights : The largest Islamic securities issuance of 2005 and first ever floating rate Islamic securities issuance in Malaysia. The two-tier financing structure of the deal allowed aggressive gearing as compared to industry debt-to-equity ratio of 80/20 for an independent power producer.
Kapar Energy Ventures Sdn Bhd
Value : RM3.402 billion
Role : Joint Principal Adviser , Joint Lead Arranger & Joint Lead Manager
Deal Nature : Islamic debt capital market transaction
Deal Highlights : The largest Islamic bond issue in the Malaysian market in 2004, as well as the largest non-recourse IPP debt financing in Asia.
KLIA Berhad
Value : RM4.06 billion
Role : Principal Adviser & Lead Arranger
Deal Nature : Islamic debt capital market transaction
Deal Highlights : In promoting Islamic financing, AmInvestment Bank Berhad served as adviser and sole arranger for the issue of Bai’Bithaman Ajil notes.
Penerbangan Malaysia Berhad
Value : RM2.2 billion
Role : Joint Principle Arranger/Joint Lead Manager/Joint Bookrunner
Deal Nature : Islamic securities programme
Deal Highlights : Inaugural Ringgit issuance by the national airlines’ aircraft lessor guaranteed by the Government of Malaysia and serves to promote Islamic financing in the Malaysian Islamic capital markets.
PG Municipal Assets Berhad
Value : RM80 million
Role : Principal Adviser & Lead Arranger
Deal Nature : Sukuk Mudharabah
Deal Highlights : The first Islamic Municipal Bond and parallel Mudharabah Bonds issuance in Malaysia representing the country’s first structured transaction backed by industrial property tax assessments collected by a local government authority. Created a new asset class in Malaysia – municipal bonds, while the use of the Mudharabah principle was in tandem with the Government’s efforts to promote the use of Syariah principles other than Bai’ Bithaman Ajil and Murabahah which were then prevalent. Winner of Blueprint Award - RAM League Awards 2005 for New Islamic Benchmark Deal. Also winner of Islamic Banking Awards, Kuala Lumpur Islamic Finance Forum 2005 for Most Innovative Islamic Financial Product.
Putrajaya Holdings Berhad
Value : RM1.5 billion
Role : Joint Principal Adviser & Lead Arranger
Deal Nature : Islamic debt capital market transaction
Deal Highlights : Fund raising exercise for the main concession holder of the development of Putrajaya, the administrative capital of Malaysia. The funding is for contract works in Parcel E and for Shariah-compliant working capital purposes.
Syarikat Prasarana Negara Berhad
Value : RM2 billion
Role : Joint Lead Manager/Joint Lead Arranger
Deal Nature : Sukuk Ijarah programme
Deal Highlights : One of the largest sukuk issues in 2008, and the Sukuk Ijarah were directly taken up by investors through a well-timed bookbuilding exercise despite uncertainties and volatility in the local and international bond markets. Winner for Best Islamic Financing Deal of the Year in Alpha Southeast Asia Deal Awards 2008.
Tresor Assets Berhad
Value : RM1,500 million
Role : Joint Principal Adviser, Joint Lead Arranger & Joint Lead Manager
Deal Nature : Debt capital market transaction
Deal Highlights : The largest personal loans securitisation in Malaysia for 2007 serves to further deepen the market for consumer credit asset-backed securitisation
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