TNB mulls bond programme


KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is considering setting up a RM10bil (US$2.4bil) Islamic bond programme as it braces for electricity sector reforms.

The power giant asked banks to submit proposals for the sukuk programme, according to people familiar with the matter, who asked not to be identified as the information is private.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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