petronas-launches-45-billion-jumbo-bond

Petronas launches $4.5 billion jumbo bond

Malaysia's state-owned oil company Petronas raises the stakes for Asian borrowers by issuing five-year sukuk and 10-year conventional bonds that attract orders worth nearly $20 billion.

Petronas (Petroliam Nasional Bhd) has upped the stakes for Asian borrowers in the international capital markets with a $4.5 billion two-tranche deal, split between 10-year conventional notes and five-year sukuk certificates.

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