Sarawak Energy completes RM3.5bil sukuk musyarakah issuance


Sarawak Energy group chief executive officer Sharbini Suhaili

PETALING JAYA: Sarawak Energy Bhd has completed a total issuance of RM3.5bil under its RM15bil sukuk musyarakah programme.

In a statement, Sarawak Energy said the issuance comprised RM500mil 5-year tenure, RM1bil 7-year tenure and RM2bil 10-year tenure sukuk musyarakah which was completed via a bookbuilding exercise and priced at 4.05%, 4.19% and 4.27% respectively, with a final book-to-cover ratio of 3.05 times.

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