Petronas tops new debt issuance, US5bil


The Petronas Twin Towers (headquarters) are seen at night in Kuala Lumpur November 20, 2015. - AFP

PETALING JAYA: The biggest fund raising exercise this year is by Petroliam Nasional Bhd (Petronas).

After six years, Petronas re-entered the debt market with a US$5bil bond issuance for its capital expenditure (capex) and possible acquisitions as well as to maintain a comfortable cash level.

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