Strong demand for Khazanah US$1b sukuk


Khazanah said it successfully priced the offering which comprised a five-year US$400mil (RM1.65bil) in nominal value sukuk due 2026 and a 10-year US$600mil in nominal value sukuk due 2031.

PETALING JAYA: Khazanah Nasional Bhd returned to the US-dollar sukuk market where its dual-tranche offering attracted strong demand across Asia, Europe and the Middle East.

The sovereign wealth fund said it successfully priced the offering which comprised a five-year US$400mil (RM1.65bil) in nominal value sukuk due 2026 and a 10-year US$600mil in nominal value sukuk due 2031.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Khazanah , US dollar , sukuk , demand

   

Next In Business News

Curb appeal can enhance a home’s value
Beware of rental scams!
Divorce 101: How property is divided
Cautious tone expected for ringgit versus US dollar trading next week
U Mobile to reduce foreign majority shareholdings to 20%
MACC investigating Khazanah, PNB's unsuccessful investment
Another data centre job for Gamuda
SOBA judges, past winners share winning tips
Government and venture capital
Low volatility a remedy for the extremes?

Others Also Read