KUALA LUMPUR: Tenaga Nasional Bhd
(TNB) issued RM4.8 billion in Sustainability Sukuk Wakalah under an Islamic Medium Term Notes Programme of up to RM10 billion in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar.
In a Bursa Malaysia filing today, it said the sukuk was the second issuance under the Sukuk Wakalah Programme and comprised six tranches, with tenures ranging from seven to 25 years.
“The tranches comprised RM150 million at a periodic distribution rate of 4.2 per cent, RM1.325 billion at 4.35 per cent, RM200 million at 4.40 per cent, RM1.125 billion at 4.69 per cent, RM800 million at 4.81 per cent and RM1.20 billion at 4.88 per cent, respectively,” it said.
TNB said CIMB Investment Bank Bhd and Maybank Investment Bank Bhd were the joint principal advisers and joint lead arrangers for the Sukuk Wakalah Programme, as well as the joint lead managers for the RM4.8 billion Sustainability Sukuk Wakalah. – Bernama
