Malaysia’s national power producer Tenaga Nasional Bhd’s 4.85 billion ringgit ($1.55 billion) Islamic sukuk attracted 23 billion ringgit worth of subscriptions and was priced 3.8-4.9 percent, IFR reported on Thursday.
IFR, a unit of Thomson Reuters, said the AAA-rated sukuk was divided into 16 tranches, and pricing was “at or below the tight ends of final guidance”………………………………………..Full Article: Source