Khazanah Hits the Road to Raise Capital for Sukuk
Posted on 01/14/2016
Malaysia’s Khazanah Nasional is looking to raise some capital. The wealth fund plans to have its roadshow take place in Dubai on January 17, 2016. Other roadshow locations will be in Hong Kong, Singapore and then end in London. Khazanah hired Barclays, Morgan Stanley, UBS and CIMB to arrange a series of roadshows and investor meetings.
Khazanah is looking to issue a U.S. dollar sukuk Reg S offering. The offering will be unrated and issued off the multi-currency Islamic Securities Issuance programme formed by Danga Capital Berhad, a special purpose financing vehicle started by Khazanah.