Type | Announcement |
Subject | OTHERS |
Description | ESTABLISHMENT OF EURO-COMMERCIAL PAPER PROGRAMME OF UP TO USD5.0 BILLION OR ITS EQUIVALENT IN ALTERNATIVE CURRENCIES IN NOMINAL VALUE |
On behalf of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad is pleased to announce that on 4 September 2014, Maybank successfully established a Euro-Commercial Paper Programme (“CP Programme”) under which Maybank may issue and have outstanding at any time euro-commercial paper notes (“Notes”) of up to USD5.0 billion or its equivalent in alternative currencies in nominal value. Maybank received the Securities Commission Malaysia’s approval for the establishment of the CP Programme on 25 July 2014. The CP Programme will give Maybank the flexibility to raise funds via the issuance of Notes from time to time which can be utilised, amongst others, to fund the bank’s working capital, general banking and other corporate purposes. The CP Programme has been assigned a final short-term debt rating of P-2 by Moody’s Investors Service, Inc. Maybank Investment Bank Berhad is the Principal Adviser while Maybank Kim Eng Securities Pte. Ltd. is the Lead Arranger for the CP Programme. This announcement is dated 4 September 2014. |
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 4 Sept 2014 |
Category | General Announcement |
Reference No | MI-140904-57504 |