KUALA LUMPUR: Tenaga Nasional Bhd
(TNB) has issued a RM4 billion in nominal value Islamic Medium-Term Notes (IMTN), also known as Sukuk Wakalah, under an IMTN programme of up to RM10 billion.
In a filing with Bursa Malaysia today, it said the Sukuk Wakalah, the third issuance in its IMTN programme, was issued in five tranches.
It said the issuance size for tranche 1 was RM1.12 billion for seven years with a distribution rate of 4.73 per cent per annum (pa), tranche 2 has the issuance size of RM300 million for 10 years with a distribution rate of 4.84 per cent pa and the issuance size for tranche 3 was RM880 million for 15 years with a distribution rate of 5.23 per cent p a.
The utility giant said tranche 4 has the issuance size of RM500 million for 20 years with a distribution rate of 5.36 per cent p a and the issuance size for tranche 5 was RM1.2 billion for 25 years with a distribution rate of 5.57 per cent p a.
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