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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Khazanah to sell up to US$750 million of exchangeable bonds

Posted on 05 June 2014

Malaysian state investor Khazanah Nasional Bhd plans to sell up to US$750 million (RM2.4 billion) worth of US dollar-denominated bonds, exchangeable into shares, to raise funds for general corporate purposes.
Khazanah will sell US$500 million (RM1.6 billion) of bonds maturing in five years and an additional US$250 million (RM809 million) worth in the event of exceptional demand, the fund said in a term sheet seen by Reuters on Wednesday………………………………………..Full Article: Source


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