SINGAPORE, Oct 17 (Reuters) - Malaysian state investorKhazanah Nasional is offering up to S$600 million($482.14 million) in Singapore dollar-denominated Islamicsecurities that can be exchanged for shares in IHH Healthcare, a term sheet seen by Reuters showed.
The zero-coupon bonds, which have a five-year tenor, can beexchanged into IHH shares at a premium of 10 to 17 percent overthe reference share price of 4.19 Malaysian ringgit.
CIMB, Deutsche Bank and Standard Chartered are thebookrunners for the deal.($1=1.2445 Singapore dollars) (Reporting by Yantoultra Ngui; Writing by Kevin Lim; Editing byClarence Fernandez)
- Singapore International News
- Khazanah Nasional