GENTING LAUNCHES DEBT PROGRAMME TO RAISE UP TO RM10 BILLION
KUALA LUMPUR, Sept 17 -- Genting Bhd is launching a medium-term notes (MTNs) programme worth RM10 billion in nominal value via wholly-owned subsidiary Genting RMTN Bhd.
In a filing with Bursa Malaysia today, the conglomerate said the notes, which it would be irrevocably and unconditionally guarantee, had been assigned an initial long-term rating of AAA(s) by RAM Rating Services Bhd.
“The net proceeds from the MTN programme will be utilised for the operating expenses, capital expenditure, investment, refinancing, working capital requirements, general funding requirements and/or other general corporate purposes of the Genting group,” it added.
CIMB Investment Bank Bhd and Maybank Investment Bank Bhd have been appointed as the joint principal advisers and joint lead arrangers for the MTN programme
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 IFLIX channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
