SUBSCRIBERS

DBS clinches US$750m Khazanah bond deal

Investment fund's first unrated and unsecured US$ sukuk priced at 3.035%

Published Wed, Feb 24, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    DBS BANK has scored a coup clinching Khazanah Nasional Berhad's first unrated and unsecured US dollar sukuk or Islamic bond deal, which is so far 2016's largest sukuk sale.

    It priced the five-year US$750 million bond for Malaysia's investment fund on Wednesday.

    Copyright SPH Media. All rights reserved.