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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Malaysia’s Khazanah Sells $476 Million Ringgit Islamic Bonds

Posted on 20 August 2014

Malaysia’s state-owned investment fund, which is offering to take the national airline private, sold 1.5 billion ringgit ($476 million) of Islamic bonds today, said two people with knowledge of the deal.
Khazanah Nasional Bhd. priced the five-year debt to yield 4.14 percent, within its earlier guidance of 4.1 percent to 4.18 percent, said the people who asked not to be named because the information hasn’t been made public yet. The issuance is part of a 7 billion ringgit program to raise funds for corporate purposes, they said………………………………………..Full Article: Source


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