| Khazanah Nasional Bhd., Malaysia’s sovereign wealth fund, is considering selling as much as US$1 billion of dollar-denominated exchangeable Islamic bonds, said four people with knowledge of the deal.
The state-owned entity, which was the first in the Shariah- compliant industry to sell such debt in 2006 and also pioneered the issuance of yuan sukuk, is currently choosing banks for the potential offer, said the people who asked not to be identified because the details are private. The notes would be exchangeable into shares of companies controlled by Khazanah, they said..............................................Full Article: Source
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