Nomura Holdings Inc has appointed Kuwait Finance House (Malaysia) Berhad (KFHMB) as the mandated lead arranger (MLA) for the proposed issuance of a two-year Sukuk (Islamic bond) of US$100 million.

This issuance marks the first United States dollar-denominated sukuk for a Japanese multinational corporation issued out of Malaysia.

Takumi Shibata, Deputy President and Chief Operating Officer of Nomura Holdings reckoned that Tokyo-based Nomura, a leading financial services group and an investment bank with worldwide reach, had now opened the way for other Japanese corporations to tap the Sharia finance market.


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