Malaysia ends four-year hiatus with $1.5b sukuk

The Southeast Asian sovereign extends its debt maturity profile with a 10- and 30-year sukuk, despite looming risks of a potential credit downgrade.

The government of Malaysia priced a $1.5 billion dual-tranche Islamic bond early on Thursday amid fears that the oil exporting sovereign could lose its A rating in the coming months.

¬ Haymarket Media Limited. All rights reserved.

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