Proposed Issuance of USD300 Million Subordinated Debts (Amended Announcement)

Apr 02, 2002 Back

Amended Announcements
Please refer to the earlier announcement reference number: MB-020402-52510

Type Announcement
Subject Malayan Banking Berhad (Maybank) - Proposed Issuance of USD300 Million Subordinated Debts

Contents :

Maybank has today appointed Deutsche Bank AG and JP Morgan Chase & Co as its Lead Managers to arrange for its proposed issuance of USD Subordinated Debts.

The raising of the above proposed issuance of USD Subordinated Debts would allow Maybank to better manage its Return On Equity and provide Maybank with a buffer to better position the Maybank Group in participating in any impending consolidation in the domestic financial landscape.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD  
Stock Name MAYBANK    
Date Announced 2 Apr 2002  
Category General Announcement
Reference No MB-020402-60830