Redemption Of Subordinated Notes Of Rm2.2 Billion In Nominal Value ("Rm2.2 Billion Subordinated Notes") Issued By Maybank Pursuant To Its Subordinated Note Programme Of Up To Rm20.0 Billion In Nominal Value (Increased From Rm7.0 Billion In Nominal Value) ("Subordinated Note Programme").

Oct 19, 2020 Back
Type Announcement
Subject OTHERS
Description

MALAYAN BANKING BERHAD ("MAYBANK") REDEMPTION OF SUBORDINATED NOTES OF RM2.2 BILLION IN NOMINAL VALUE ("RM2.2 BILLION SUBORDINATED NOTES") ISSUED BY MAYBANK PURSUANT TO ITS SUBORDINATED NOTE PROGRAMME OF UP TO RM20.0 BILLION IN NOMINAL VALUE (INCREASED FROM RM7.0 BILLION IN NOMINAL VALUE) ("SUBORDINATED NOTE PROGRAMME").

 

We refer to our earlier announcement dated 19 October 2015 in relation to the issuance of the RM2.2 billion Subordinated Notes.

 

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad is pleased to announce that Maybank has, on 19 October 2020, fully redeemed the RM2.2 billion Subordinated Notes. The RM2.2 billion Subordinated Notes were issued on 19 October 2015.

 

This announcement is dated 19 October 2020.

 

 


Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 19 Oct 2020
Category General Announcement for PLC
Reference Number GA1-19102020-00022