Published on 2/24/2016 in the Prospect News Emerging Markets Daily.
New Issue: Khazanah Nasional prices $750 million 3.035% notes due 2021 at par
By Christine Van Dusen
Atlanta, Feb. 24 – Malaysia’s Khazanah Nasional Bhd. priced $750 million five-year notes at par to yield 3.035%, or Treasuries plus 178 basis points, on Tuesday, a market source said.
CIMB, DBS Bank and Standard Chartered Bank were the bookrunners for the Regulation S deal.
Khazanah is the investment holding arm of the government of Malaysia and manages the government’s commercial assets.
| Issuer: | Khazanah Nasional Bhd.
|
| Amount: | $750 million
|
| Maturity: | March 1, 2021
|
| Description: | Notes
|
| Bookrunners: | CIMB, DBS Bank, Standard Chartered Bank
|
| Coupon: | 3.035%
|
| Price: | Par
|
| Yield: | 3.035%
|
| Spread: | Treasuries plus 178 bps
|
| Trade date: | Feb. 23
|
| Settlement date: | March 1
|
| Distribution: | Regulation S
|
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