Malaysia's Tenaga Sells Islamic Bonds to Yield 3.8-4.9 Percent
It appears that Tenaga Nasional Bhd. (TNB) sold 4.85 billion ringgit ($1.5 billion) of Islamic bonds maturing in five to 20 years at yields between 3.80 % and 4.90 %.
The sukuk was sold in 16 portions and was priced at the lower end of the initial yield guidance.
Syndicate
