SINGAPORE: Khazanah Naisonal Bhd, Malaysia's sovereign wealth fund, has raised a total of $1 billion from a five-year $500 million sukuk wakalah, or Islamic bond, and a 10-year conventional bond offering, according to term sheet reviewed by Reuters late on Wednesday.
The sukuk was priced at a 4.484% yield, with the conventional bond at 4.759%, according to the sheet. The reoffer spreads were Treasuries plus 82 basis points and 92 basis points respectively, the sheet showed.
