KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has launched a US$300 million secured exchangeable sukuk in line with its ongoing commitment to enhance portfolio resilience and deliver sustainable, long-term returns for its unitholders.
PNB said in a statement that the sukuk was launched via a Labuan incorporated special purpose vehicle, Lunas Capital II Ltd, while Lunas Capital I Ltd, a Labuan incorporated special purpose vehicle, is the obligor.
