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Malaysia’s Petronas to issue up to $7 billion of Islamic bonds
By Christine Van Dusen
Atlanta, Feb. 11 – Malaysia’s Petroliam Nasional Bhd. (Petronas) is looking to issue between $5 billion and $7 billion of Islamic notes, a market source said.
BofA Merrill Lynch, CIMB and Deutsche Bank are the bookrunners for the deal, which is expected to price during the first half of this year.
The Kuala Lumpur-based issuer is Malaysia’s state oil company.
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