13075
Petronas Prepares  $7b Bond
Energy

Petronas Prepares $7b Bond

Malaysia’s Petroliam Nasional Bhd. (Petronas) is offering the second-largest dollar bond from Asia as the state-owned oil firm’s borrowing costs soar to the highest in a year. Petronas is marketing notes in the US currency with four different maturities and expected to reach $7 billion, according to Bloomberg. The energy company is offering five-year Islamic debt with indications of yield at 135 basis points over treasuries.

 

Short URL : http://goo.gl/EzYpMm

You can also read ...

Europe Keen on Iran Joining SGC
Europe wants countries rich in natural resources to join the...
Eni Returns to Profit
New oil and gas project startups and higher oil prices helped...
Oil Gains in Weekly Recovery
Oil prices edged up on Friday as a rebound in the global...
Zarubezhneft, IDRO Oil to Study Susangerd Oilfield
Russian oil and gas firm Zarubezhneft Company has signed a...
Tehran Power Grid Wastage Declines to 3.2%
In line with efforts to minimize blackouts in the capital,...
An investment of $211 million is needed to supply 50 mcm of water per annum to the central provinces.
Water transfer from the Caspian Sea in the north and the...

Trending

Googleplus