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Axiata talks dollar 10-year sukuk at Treasuries plus 260 bps area
By Christine Van Dusen
Atlanta, March 15 – Malaysia’s Axiata Group Bhd. set talk in the Treasuries plus 260 basis points area for a dollar-denominated offering of benchmark-sized Islamic bonds due in 10 years (expected ratings: Baa2/BBB), a market source said.
CIMB, Deutsche Bank and HSBC are the bookrunners for the Regulation S deal.
Axiata is a Malaysian telecommunications provider based in Kuala Lumpur.
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