{
    "success": true,
    "data": {
        "id": 1443105,
        "msgid": "petronas-launches-650m-bond-1447893297",
        "date": "1999-08-07 00:00:00",
        "title": "Petronas launches $650m bond",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Petronas launches $650m bond KUALA LUMPUR (AFP): Malaysian national oil company Petroliam Nasional Bhd. (Petronas) launched a US$650 million five-year bond issue in New York Thursday, the official Bernama news agency reported. The report said the issue carried a coupon on 8.875 percent and was priced at 99.772 to yield 8.934 percent, or 3.20 percentage points above the corresponding yield on US Treasury bonds with similar maturities.",
        "content": "<p>Petronas launches $650m bond<\/p>\n<p>KUALA LUMPUR (AFP): Malaysian national oil company Petroliam<br>\nNasional Bhd. (Petronas) launched a US$650 million five-year bond<br>\nissue in New York Thursday, the official Bernama news agency<br>\nreported.<\/p>\n<p>The report said the issue carried a coupon on 8.875 percent<br>\nand was priced at 99.772 to yield 8.934 percent, or 3.20<br>\npercentage points above the corresponding yield on US Treasury<br>\nbonds with similar maturities.<\/p>\n<p>Lead managers were Barclays Capital and Chase Manhattan, with<br>\nCredit Suisse First Boston acting as bookrunner, the report said,<br>\nadding 33 percent of the issue was taken up by investors in the<br>\nUnited States, 25 percent going to Japan, 25 percent to the rest<br>\nof Asia and 17 percent to Europe.<\/p>\n<p>Proceeds will be used to finance capital expenditure for<br>\npetrochemical projects and other development and production<br>\nactivities, it said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/petronas-launches-650m-bond-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}