Khazanah Launches Sukuk Exchangeable into Citic Shares

Posted on 01/17/2018


Malaysia’s Khazanah Nasional pushed out an exchangeable sukuk to raise US$ 309.4 million to US$ 320.8 million. The zero-coupon sukuk has a tenor of five years and an investor put after three years. The sukuk is exchangeable into H-shares of Citic Securities. The sukuk will be offered with a yield-to-maturity of 0% and an exchange […]