Malaysia priced a $2 billion dual-tranche global sukuk despite tremendous market volatility. Most Asian borrowers have been scared away from the dollar markets during the past two weeks, so it took some courage for the sovereign to launch such a large deal — its biggest global bond to date.
The team kicked off roadshows last Thursday, covering Kuala Lumpur, Hong Kong, Singapore, Abu Dhabi, Dubai, Riyadh, London and New York, and launched the transaction on Tuesday……………………………………….Full Article: Source