KUALA LUMPUR: Financial research firm CreditSights has maintained its "market perform” recommendation on Petroliam Nasional Bhd (Petronas), with a preference for its shorter-dated bonds (2026-2032 maturities).
CreditSights said Petronas is marketing its new senior unsecured five-year (5Y), 10-year (10Y), and 30-year (30Y) US dollar bonds (A2/ A-/ NR), with proceeds to be used for general corporate purposes.
