Type | Announcement |
Subject | OTHERS |
Description |
ESTABLISHMENT OF SENIOR MEDIUM TERM NOTE ("MTN") PROGRAMME OF UP TO RM10.0 BILLION IN NOMINAL VALUE |
On behalf of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad (“Maybank IB”) is pleased to announce that on 2 September 2015, Maybank successfully established a senior medium term note programme (“MTN Programme”) under which Maybank may issue and have outstanding at any time MTNs of up to RM10.0 billion in nominal value. Maybank IB, on behalf of Maybank, had on 26 August 2015 lodged with Securities Commission Malaysia all required information and relevant documents relating to the MTN Programme pursuant to the Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework revised and effective on 15 June 2015. The MTN Programme will give Maybank the flexibility to raise funds via the issuance of MTNs from time to time which can be utilised, amongst others, to fund Maybank’s working capital, general banking and other corporate purposes, including the refinancing of any existing borrowings incurred by Maybank and/or any existing debt instruments issued by Maybank. The MTN Programme has been assigned a final long-term debt rating of AAA by Malaysian Rating Corporation Berhad. Maybank IB is the Principal Adviser, Lead Arranger and Lead Manager for the MTN Programme. This announcement is dated 2 September 2015.
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Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 02 Sep 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-02092015-00067 |