MALAYSIA: State-owned power producer Tenaga Nasional is reportedly seeking to price its RM4.85 billion (US$1.55 billion) Sukuk to yield between 3.8% – 4.95%.
Orders for the Islamic bond, which will be sold in 17 tranches with tenors ranging from five to 20 years, closed at 5pm (Malaysian time) on the 25th October 2011.