Launch Partners

Launch Partners

PTPTN issues Sukuk

MALAYSIA: Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) has on the 7th March 2024 issued an Islamic medium-term note (IMTN) worth RM150 million (US$31.68 million) that carries a five-year tenor and a 3.68% coupon rate, an IMTN worth RM200 million (US$42.23 million) that carries a 10-year tenor and a 3.97% coupon rate, an IMTN worth RM550 million (US$116.14 million) that carries a 12-year tenor and a 4.03% coupon rate and another IMTN worth RM900 million (US$190.05 million) that carries a 15-year tenor and a 4.11% coupon rate, according to separate Bond and Sukuk Information Exchange filings. RHB Investment Bank was the lead arranger.

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