Petronas mulls US dollar bonds to fund energy complex
Riding on the success from the country’s recent sovereign bond issuance, Malaysia’s state oil company Petronas is mulling to issue US dollar bonds to raise funds for a US$20 billion energy complex it plans to build in Johor, according to market sources.
Malaysia’s national oil company Petronas could return to the international US dollar bond market for funding to help finance a US$20 billion integrated refinery and petrochemical complex, market sources told Asiamoney PLUS on Thursday (June 30).
Petronas announced in May that it will build an integrated energy complex in
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