TNB Power Generation issues sustainable Sukuk worth RM2 billion (US$452.96 million)

MALAYSIA: TNB Power Generation has issued four sustainable Islamic medium-term notes on the 29^th March 2023: a seven-year facility worth RM200 million (US$45.3 million) with a coupon rate of 4.3%, a 10-year facility worth RM600 million (US$135.89 million) with a coupon rate of 4.58%, a 15-year facility worth RM300 million (US$67.94 million) with a coupon rate of 4.67% and a 20-year facility worth RM900 million (US$203.83 million) with a coupon rate of 4.84%, according to separate Bond and Sukuk Information Exchange filings.