TNB lights up Malaysia's dark market

Morgan Davis

October 24, 2018 11:15 am

Light_bulb_dark_blackout_230x150 — light bulb on dark background, concept of creativity. | Devon Yu/Feng Yu - stock.adobe.com

Malaysia’s Tenaga Nasional Berhad (TNB) raised $750m from a Wakala sukuk sale on Tuesday, navigating market worries by using a targeted approach for its deal.

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Topics

CIMB Group Citi Corporate Bonds Islamic Finance Asia Southeast Asia BNP Paribas Asean Asia Pacific Malaysia Emerging Markets HSBC High grade and crossover bonds

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Morgan Davis

Deputy editor GlobalCapital Asia