Sarawak turns on the tap for an additional $200 million.

The Malaysian State of Sarawak priced an additional $200 million tap of its original $600 million 10-year Reg S bond late Thursday (July 22). The Baa1/A- notes were issued via special purpose issuance entity Sarawak International and are backed by a letter of support from the Sarawak state government's investment policy arm, SGOS Capital Holdings.