Petronas in $5b blockbuster bond issue

Malaysian national oil giant prices Asia's second largest corporate dollar bond, comprising of an Islamic and three conventional tranches.

Chien Mi Wong

March 12, 2015

Malaysia's state oil company Petronas made a splash on Thursday with Asia's second-biggest corporate dollar bond issue, raising $5 billion with its first international deal in just over five years, though lower than the anticipated $6 billion to $7 billion.

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