By Rebecca Melvin
New York, April 21 – Petronas Capital Ltd. has issued $6 billion of notes due in 10, 30 and 40 years, guaranteed by Malaysia’s Petroliam Nasional Bhd. (Petronas), according to a regulatory release.
The issuance included $2.25 billion of 3˝% notes due 2030, $2.75 billion of 4.55% notes due 2050 and $1 billion of 4.8% notes due 2060.
The tranches were issued under the company’s $15 billion global medium-term note program.
BofA Securities Inc. and Citigroup were joint global coordinators and bookrunners for the Regulation S deal together with HSBC, Maybank and MUFG also as bookrunners.
The Kuala Lumpur-based issuer is Malaysia’s state oil company.
| Issuer: | Petronas Capital Ltd.
|
| Guarantor: | Petroliam Nasional Bhd. (Petronas)
|
| Amount: | $6 billion
|
| Description: | Guaranteed notes
|
| Joint global coordinators: | BofA Securities Inc., Citigroup
|
| Bookrunners: | HSBC, Maybank and MUFG
|
| Pricing date: | April 14
|
| Settlement date: | April 22
|
| Distribution: | Regulation S
|
|
|
| Notes due 2030
|
| Amount: | $2.25 billion
|
| Maturity: | 2030
|
| Coupon: | 3˝%
|
|
|
| Notes due 2050
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| Amount: | $2.75 billion
|
| Maturity: | 2050
|
| Coupon: | 4.55%
|
|
|
| Notes due 2060
|
| Amount: | $1 billion
|
| Maturity: | 2060
|
| Coupon: | 4.8%
|
|
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