(Bloomberg) -- Malayan Banking Bhd., Malaysia's biggest bank, may conduct its first overseas Islamic debt sale after pricing terms were sent to investors, a person with direct knowledge of the deal said.
The $300 million floating-rate notes maturing in 2017 are likely to be priced between 33 and 35 basis points above the six- month dollar London interbank offered rate, according to the person, who asked not to be identified before an official announcement. A basis point is 0.01 percentage point. Six-month Libor yielded 5.3716 percent today.
Read more at Bloomberg Bonds News
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