Malaysian International Shipping reschedules roadshow, pricing expected at end of week

By Reshmi Basu

New York, June 21 - Malaysian International Shipping Corp. Bhd rescheduled last week's planned roadshow for its $1 billion five- to 10-year benchmark two-tranche senior unsecured notes (Baa1/BBB+) to this week, according to a market source.

The roadshow started Monday in Hong Kong, is followed by Singapore on Tuesday, London on Wednesday and finishes off in the United States on Thursday and Friday.

Barclays Capital and Citigroup are running the books for the Rule 144A/Regulation S deal.

The issue is expected to price at the end of this week, subject to market conditions.

The issue will be listed on the Luxembourg Exchange.

Malaysian International Shipping is a Kuala Lumpur-based shipping line.

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