By Marisa Wong
Los Angeles, Aug. 20 – Axiata Group Bhd. issued through its subsidiaries $1.5 billion of securities due 2030 and 2050 on Wednesday, according to notices.
Subsidiary Axiata SPV2 Bhd. issued $500 million of 2.163% 10-year senior sukuk trust certificates (BBB+).
Subsidiary Axiata SPV5 (Labuan) Ltd. issued $1 billion of 3.064% 30-year notes (BBB+) guaranteed by Axiata.
CIMB Investment Bank Bhd., Citigroup Global Markets Ltd., Standard Chartered Bank and UBS AG Singapore Branch are lead managers and bookrunners for both tranches.
Axiata is a telecommunications conglomerate based in Kuala Lumpur, Malaysia.
| Company: | Axiata Group Bhd.
|
| Amount: | $1.5 billion
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| Bookrunners: | CIMB Investment Bank Bhd., Citigroup Global Markets Ltd., Standard Chartered Bank and UBS AG Singapore Branch
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| Settlement date: | Aug. 19
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| Rating: | S&P: BBB+
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| 10-year sukuk
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| Issuer: | Axiata SPV2 Bhd.
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| Issue: | Senior sukuk trust certificates
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| Amount: | $500 million
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| Maturity: | Aug. 19, 2030
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| Coupon: | 2.163%
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| 30-year notes
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| Issuer: | Axiata SPV5 (Labuan) Ltd.
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| Guarantor: | Axiata Group Bhd.
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| Issue: | Notes
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| Amount: | $1 billion
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| Maturity: | Aug. 19, 2050
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| Coupon: | 3.064%
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