Bips & Pieces

Investors Cast Aside Oil Concerns and Pile into Petronas Bonds as Orderbook Peaks at USD37bn

Any concerns over the outlook for oil prices were seemingly cast aside this week as investors got their first chance in five years to buy bonds issued by Malaysian state-owned energy giant Petroliam Nasional (Petronas), which raised USD6bn in a triple-tranche offering that priced inside IPTs across the curve.

By Bonds & Loans

Apr 16, 2020 // 10:30AM

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