Thu, Sep 18, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Khazanah issues RM1.59bil Islamic bonds exchangeable into TNB shares

Posted on 05 September 2014

Khazanah Nasional Bhd has issued a US$500mil (RM1.59bil) seven-year sukuk that is exchangeable into Tenaga Nasional Bhd (TNB) shares. This is the second issuance by the state investment arm in three weeks.
Bloomberg reported that Khazanah, which is buying out the 30.6% it does not own in Malaysia Airlines, sold RM1.5bil Islamic bonds on Aug 16. The sukuk Khazanah issued three weeks ago has a five-year tenure with a 4.14% yield………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14758 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930