Monday, May 21, 2007

Malaysia's Cagamas to Sell $177 Million of Securities Backed by Loans

(Bloomberg) -- Cagamas Bhd., Malaysia's biggest buyer
of home mortgages, plans to sell 600 million ringgit ($177
million) of securities backed by loans to small and medium-sized
businesses, the company said.

The firm will sell within a month so-called credit-linked
notes maturing in five years, the company said in a statement
today. Aseambankers Malaysia Bhd. and Citibank Bhd. are advising
and arranging the transaction.


Read more at Bloomberg Bonds News

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