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Khazanah raises S$3.35bln via syndicated loan, Sukuk

Posted on 04 August 2010

From Dow Jones: Khazanah Holdings has raised S$3.35 billion through a syndicated loan and an offering of Islamic bonds, as the Malaysian sovereign wealth fund looks to finance an acquisition of Singapore healthcare group Parkway Holdings Ltd. (P27.SG), people familiar with the situation said Tuesday.
Khazanah launched a S$3.5 billion bid for Parkway in late July, prompting India’s Fortis Healthcare Ltd. (532843.BY) to abandon a plan to take control of the hospital operator. Khazanah’s offer for Parkway ends Aug. 16……………………………………….Full Article: Source

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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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