E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers S > Headlines for SapuraKencana Petroleum Bhd. > News item
Published on 6/15/2015 in the Prospect News Emerging Markets Daily.

Malaysia’s SapuraKencana sets up RM 7 billion multicurrency sukuk

By Marisa Wong

Madison, Wis., June 15 – Malaysia’s SapuraKencana Petroleum Bhd. announced that wholly owned subsidiary SapuraKencana TMC Sdn. Bhd. is planning to launch an up to RM 7 billion multicurrency sukuk program.

Maybank Investment Bank Bhd. is the lead arranger for the 30-year sukuk program.

Proceeds will be used to refinance the subsidiary’s existing financings and to fund oil and gas related business requirements.

The oil and gas company is based in Kuala Lumpur.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.