Genting Issues RM900 Mln Bonds To Fund Genting Malaysia Buyout

KUALA LUMPUR, Nov 10 (Bernama) -- Genting Bhd has raised RM900 million through medium-term notes (MTNs) to partly fund its acquisition of the remaining shares in Genting Malaysia Bhd.

In a filing to Bursa Malaysia on Monday, the company said the MTNs have a one-year tenure and carry an interest rate of one-month KLIBOR plus 1.80 per cent per annum.

In October 2025, Genting announced a conditional voluntary offer to acquire the remaining shares in its subsidiary that it does not already own.

-- BERNAMA