Khazanah prices dual-tranche senior offerings at US$1.5bil

Khazanah managing director Datuk Amirul Feisal Wan Zahir

KUALA LUMPUR: Khazanah Nasional Bhd has successfully priced a US$1.5 billion dual-tranche senior offering, comprising a five-year US$750 million (US$1=RM4.60) sukuk due 2028 and a 10-year US$750 million conventional bond due 2033.

The issuance marked its first US dollar-rated sukuk and corporate bond out of its newly established US$5.0 billion Multicurrency Sukuk Issuance Programme and US$10.0 billion Euro Medium Term Note Programme through its wholly-owned special purpose vehicles, Khazanah Global Sukuk Bhd and Khazanah Capital Ltd.