Malaysia's Petronas issues $410 mil sukuk, oversubscribed by three times
KUALA LUMPUR, Oct 23 (Reuters) - Malaysia's Petroliam Nasional Bhd, or Petronas, on Friday said its subsidiary Pengerang LNG (Two) Sdn Bhd has concluded the issuance of a 20-year multi-tranche Sukuk Murabahah amounting to 1.7 billion ringgit ($410.23 million).
The state energy firm said the Sukuk Murabahah issued under its Islamic Medium Term Note Programme was oversubscribed by three times.
($1 = 4.1440 ringgit)
(Reporting by Mei Mei Chu; Editing by Christian Schmollinger)
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