15.03.2012 - Khazanah launches US$357.8mln exchangeable Sukuk
Malaysian state-owned investment agency Khazanah Nasional has launched an exchangeable sukuk offering to raise up to US$357.8m. It is a seven year note with a put after three years, exchangeable into shares of Hong Kong-listed Parkson Retail Group. It is being marketed with a yield to put of -0.25%–0.00% and an exchange premium of 25%–30%. CIMB, Deutsche Bank and JP Morgan are joint bookrunners and lead managers...............................................Full Article: Source
Print