At that size, this is the largest exchangeable ever out of Malaysia surpassing KhazanahÆs own $750 million Islamic exchangeable into Telekom Malaysia shares completed in September last year.
Aside from the coupon û or periodic payments as it is referred to on the term sheet û the terms were significantly tighter than on the first bond, which may be at least partly a reflection of the efforts by both the issuer, which is the...
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