DJCMK 5.500% 30Jun2023 Corp (MYR)

Sukuk Factsheet

Sukuk

Matured/ Called

Tropicana Corporation Berhad

Indicative

Full Lot

Bid Price

99.850

Change in Bid Price

remove 0.001

Bid Yield (%)

Change in Bid Yield

Ask Price

100.300

Change in Ask Price

remove 0.003

Ask Yield (%)

Change in Ask Yield

Indicative price as of 30 Jun 2023, 12:00am

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Sukuk Information

Tropicana Corporation Berhad is involved in the development of residential and commercial properties including golf courses and resorts. The Company is also involved in mechanical engineering, general trading services, and credit leasing business.

Sukuk Issuer

Tropicana Corporation Berhad

Guarantor

Announcement Date

22 Jun 2020

Issue Date

30 Jun 2020

Maturity Date

30 Jun 2023

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.500

Distribution Type

Fixed

Annual Distribution Rate

5.500

Distribution Frequency

Semi Annually

Seniority

First Lien

Reference Rate

ISIN

MYBVG2001072

CUSIP

BK2261992

Sukuk Currency

MYR

Total Issue Size

465,500,000

Min. Investment Quantity (Nominal)

MYR 1,000

Incremental Quantity (Nominal)

MYR 1,000

Sukuk Type

Corporate

Sukuk Sector

Financials

Sukuk Sub Sector

Real Estate Management and Development

Issuer Credit Rating (S&P/ Fitch/ MARC)

***/ N.R/ N.R

Sukuk Credit Rating (S&P/ Fitch/ MARC)

***/ N.R/ A

Shariah Compliant

Yes

Islamic Principle

Sukuk Al Wakala Bel Istithmar

Exchange Listed

Sukuk Feature(s)

Not Available

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