DRBHMK 5.570% 26Apr2030 Corp (MYR)

Sukuk Information

DRB-Hicom Berhad is an investment holding company. The Company, through its subsidiaries, develops, assembles, and sells motor vehicles and military vehicles as well as operates in property development and construction work. DRBHicom also trades electrical and engineering products, manages hotel and resort, provides airline and transportation services, and underwrites general insurance.

Sukuk Issuer

DRB-HICOM Berhad

Guarantor

Announcement Date

13 Apr 2023

Issue Date

27 Apr 2023

Maturity Date

26 Apr 2030

Years to Maturity / Next Call

3.554 / -

Modified Duration

3.135 @ 06 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.570

Distribution Type

Fixed

Annual Distribution Rate

5.570

Distribution Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

MYBVK2301474

CUSIP

ZK3253968

Sukuk Currency

MYR

Total Issue Size

290,000,000

Min. Investment Quantity (Nominal)

MYR 1,000,000

Incremental Quantity (Nominal)

MYR 1,000,000

Sukuk Type

Corporate

Sukuk Sector

Consumer Discretionary

Sukuk Sub Sector

Auto Components

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

***/ N.R/ AA-

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

***/ N.R/ AA-

Shariah Compliant

Yes

Islamic Principle

Sukuk Al Wakala Bel Istithmar

Exchange Listed

Distribution Dates	Distribution	Principal Amount	Cash Flow

No Data