KUALA LUMPUR (April 9): Malayan Banking Bhd (Maybank) has issued US$28 million (about RM115.81 million) worth of bonds, which were listed today on the Singapore Exchange’s (SGX) bond market.
In a filing with the SGX yesterday (April 8), Maybank said the notes, which were issued yesterday, would be due in 2028 and would pay an annual interest rate of 1.8%.
“The notes will be quoted and traded in US dollars,” Maybank said, without specifying how proceeds from the bond sale will be used.
The lead managers and bookrunners of the notes are Maybank Kim Eng Securities Pte Ltd and The Hongkong and Shanghai Banking Corp Ltd, according to Maybank.
More to follow
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