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.

It said the sukuk will be issued via a Labuan-incorporated special purpose vehicle Dua Capital Ltd.

In 2016, Khazanah issued its first US dollar-denominated sukuk, structured under the syariah principle of wakalah.

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Khazanah , US dollar , sukuk , demand

   

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