Sukuk Programme Of Up To RM30.0 Billion (upsized From RM10.0 Billion) In Nominal Value ("sukuk Programme")

Sep 25, 2024 Back

 

Type Announcement
Subject OTHERS
Description MALAYAN BANKING BERHAD ("MAYBANK")

REDEMPTION OF ISLAMIC ADDITIONAL TIER 1 CAPITAL SECURITIES BASED ON THE SHARIAH PRINCIPLE OF MUDHARABAH OF RM1.24 BILLION IN NOMINAL VALUE ("RM1.24 BILLION AT1 SUKUK MUDHARABAH") ISSUED BY MAYBANK PURSUANT TO THE SUKUK PROGRAMME OF UP TO RM30.0 BILLION (UPSIZED FROM RM10.0 BILLION) IN NOMINAL VALUE ("SUKUK PROGRAMME")

We refer to our earlier announcement dated 25 September 2019 in relation to the issuance of the RM1.24 Billion AT1 Sukuk Mudharabah pursuant to the Sukuk Programme.

 

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad is pleased to announce that Maybank has, on 25 September 2024, fully redeemed the RM1.24 Billion AT1 Sukuk Mudharabah on its first call date. The RM1.24 Billion AT1 Sukuk Mudharabah were issued on 25 September 2019.

 

This announcement is dated 25 September 2024. 

 


Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 25 Sep 2024
Category General Announcement for PLC
Reference Number GA1-25092024-00046