Malaysia Said to Tap Banks for First Dollar Bond Sale Since 2021

Malaysia has enlisted a group of banks to arrange a planned $1 billion dollar-bond sale for refinancing, marking its first return to the US currency market in five years.

The Southeast Asian nation, rated A- by S&P Global Ratings, has gathered lenders including CIMB Group Holdings Bhd., HSBC Holdings Plc and JPMorgan Chase & Co, to work on the potential issuance, according to people familiar with the matter.