Khazanah raises S$1.5 billion in Singapore

Khazanah issues a dual tranche deal, pricing the largest ever sukuk in the Singapore market.

Khazanah Nasional Berhad issued a dual tranche deal on Tuesday, pricing a S$600 million $443 million five-year sukuk and a S$900 million $665 million 10-year sukuk. The bonds were issued by Danga Capital Berhad, which is a special purpose vehicle set up by the borrower.

Proceeds of the issue will go towards the funding of Shar'iah-compliant operations as well as the payment of Parkway Holdings, which has been acquired by its subsidiary Integrated Healthcare...

To continue reading, please login or register for free

Click for more on: khazanah | malaysia | singapore | parkway | cimb | ocbc | dbs

Print Edition

FinanceAsia Print Edition

CONFERENCES