Petronas Dagangan lodges RM10b sukuk wakalah programmes with SC

Petronas Dagangan Bhd (PetDag) had lodged a Sukuk Wakalah Programme with a combined aggregate limit of up to RM10 billion in nominal value with the Securities Commission Malaysia.

In a filing with Bursa Malaysia today, PetDag said it will use funds raised from the programmes for its investments, capital expenditure, working capital requirements and refinancing of existing borrowings or future financing. 

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