Friday 19 Apr 2024
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HONG KONG (Sept 3): Co. sets final terms for RM1b 4-tranche bond offering.

* Issuer: Prasarana Malaysia Berhad

* Issue Size: RM1.0b

** RM150m of 3Y at 3.94%

** RM300m of 5Y at 4.03%

** RM150m of 7Y at 4.16%

** RM400m of 10Y at 4.32%

* Guarantor: Government of Malaysia

* Shariah Principle: Murabaha (via a Tawarruq arrangement) 

* Credit Enhancement: Irrevocable and unconditional guarantee from the Government of Malaysia

* Joint Lead Managers : Affin Hwang Investment Bank, AmInvestment Bank, CIMB Investment Bank, Kenanga Investment Bank, Maybank Investment Bank
 
* Information from person familiar with this offering, who is not authorized to speak publicly and asked not to be identified

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