Malaysia Airports Holding Berhad proposes offering; Ferrovial shares gain 3.7%

Malaysia Airports Holding Berhad (MAHB) (+0.8%) announced (19-Nov-2010) a proposed offering of Islamic commercial papers and Islamic medium-term notes, persuant to an Islamic commercial paper programme and an Islamic medium term note programme. The combined value is up to USD995 million, with a sub-limit of USD321 million. CIMB Investment Bank Berhad has submitted the initial listing application to Bursa Malaysia Securities Berhad to seek its approval for the listing.