PLUS Bhd, the company taking over Malaysian highway operations of PLUS Expressways Bhd, set indicative pricing to sell RM23.4 billion (US$7.3 billion) Islamic bonds, according to a note sent to investors today.
The company is inviting orders for RM11.3 billion of the syariah-compliant notes with tenors ranging from five to 19 years to yield between 3.8 per cent and 5.07 per cent, the document said.
Additional debt with maturity of 20-to-25 years will be privately placed, it said. -- Bloomberg
The company is inviting orders for RM11.3 billion of the syariah-compliant notes with tenors ranging from five to 19 years to yield between 3.8 per cent and 5.07 per cent, the document said.
Additional debt with maturity of 20-to-25 years will be privately placed, it said. -- Bloomberg
