The investment holding arm of the government of Malaysia, Khazanah Nasional, on October 13 successfully priced a 500 million renminbi (USD79 million) sukuk, representing the first global offshore renminbi-denominated sukuk.
The three-year deal, issued through a special purpose vehicle, Danga Capital, was priced through a book building process at the tightest end of the price guidance at 2.90 percent amid a difficult market environment……………………………………….Full Article: Source