New Issue: Export-Import Bank of Malaysia prices $300 million 2.874% sukuk due 2019 at par

By Christine Van Dusen

Atlanta, Feb. 11 - Export-Import Bank of Malaysia sold $300 million five-year notes (expected ratings: A3//A-) at par to yield 2.874%, or Treasuries plus 140 basis points, a market source said.

BNP Paribas, CIMB, HSBC and Maybank were the bookrunners for the Regulation S deal.

The notes include a change-of-control put at 100%.

Issuer:	Export-Import Bank of Malaysia
Amount:	$300 million
Maturity:	Feb. 19, 2019
Description:	Islamic bonds
Bookrunners:	BNP Paribas, CIMB, HSBC, Maybank
Coupon:	2.874%
Price:	Par
Yield:	2.874%
Spread:	Treasuries plus 140 bps
Change-of-control put:	At 100%
Trade date:	Feb. 10
Settlement date:	Feb. 19
Expected ratings:	Moody's: A3
	Fitch: A-
Distribution:	Regulation S

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