XL Axiata Rp1.5 trillion sukuk al ijarah issue

3/6/2016

Sukuk al ijarah

Value:

Rp 1.5 trillion

Dollar value:

$ 113 million

Status:

Completed

Date:

3/6/2016

Overview:

XL Axiata has undertaken a Rp1.5 trillion ($113 million) sukuk ijarah issue.
Credit Suisse and Mandiri Sekuritas have acted as standby purchasers.
XL Axiata is an Indonesia-based mobile telecommunications services operator.

Katrin Kostadinova - Data analyst

Jurisdiction:

Indonesia

Deal type:

Sukuk al ijarah

Practice areas:

Capital markets : Debt
Islamic finance

Governing law:

Indonesia

Industry sector:

Technology and telecommunications

Firms:

Assegaf Hamzah & Partners

Party: XL Axiata (Issuer)

Lawyers: Bono Daru Adji, Tunggul Purusa Utomo

Sidley Austin

Party: XL Axiata (Issuer)

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