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Prospect News home > News index > List of issuers S > Headlines for Southern Power Generation Sdn. Bhd. > News item
Published on 9/14/2017 in the Prospect News Emerging Markets Daily.

Malaysia’s Tenaga Nasional plans to sell RM 4 billion 20-year sukuk

By Marisa Wong

Morgantown, W.Va., Sept. 14 – Malaysia’s Tenaga Nasional Bhd. said it plans to issue RM 4 billion of 20-year sukuk in a single tranche.

The sukuk will be issued through 51% owned subsidiary Southern Power Generation Sdn. Bhd.

CIMB Investment Bank Bhd. and Maybank Investment Bank Bhd. are the joint lead arrangers and joint lead managers.

Proceeds will be used to fund project costs.

Tenaga is an electric utility based in Kuala Lumpur.


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