Type | Announcement |
Subject | OTHERS |
Description | ESTABLISHMENT OF U.S$5.0 BILLION MULTICURRENCY MEDIUM TERM NOTE PROGRAMME (“MTN PROGRAMME”) |
Maybank Investment Bank Berhad on behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”) is pleased to announce that Maybank has obtained approval from the Securities Commission (“SC”) in their letter dated 14 May 2012 for the establishment of the MTN Programme and the issue of notes thereunder. The establishment of the MTN Programme will enable Maybank to issue senior notes and/or subordinated notes from time to time. In addition, the approval from Bank Negara Malaysia (“BNM”) for the establishment of MTN Programme has also been obtained on 2 May 2012 (subject to the terms and conditions contained therein). The net proceeds from each issue of notes from the MTN Programme will be applied by Maybank for its working capital, general banking and other corporate purposes. The MTN Programme was successfully established on 14 May 2012. Barclays Bank PLC, Maybank Investment Bank Berhad and Nomura International plc are the Arrangers for the MTN Programme. This announcement is dated 16 May 2012.
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Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 16 May 2012 |
Category | General Announcement |
Reference No | MI-120515-66930 |