Malaysia launches US$1.5bn dual-tranche sukuk
According to a deal lead Malaysia has launched a US$1.5bn dual-tranche sukuk. The transaction is split between a US$1bn 10-year tranche that has a profit rate of 135bp over Treasuries and a US$500m 30-year tranche at 145bp over Treasuries. Guidance of 150bp area over Treasuries and 165bp area over was released earlier on Wednesday. The transaction is conducted by CIMB, HSBC, JP Morgan and Maybank.
Syndicate
