Deal sealed: Shahril (left) and Abdul Farid exchanging documents after the signing ceremony.
KUALA LUMPUR: SapuraKencana Petroleum Bhd (SapKen) will issue debt papers next week, starting with a US$200mil (RM845.8mil) Islamic medium-term note (MTN) programme, as part of a move to refinance a US$2.3bil facility that comes due next February.
In an announcement yesterday, the oil and gas company said its wholly owned subsidiary, SapuraKencana TMC Sdn Bhd (SKTMC), had signed the transaction documents for its inaugural multi-currency Islamic MTN that would be launched next Tuesday.
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