Malaysia's RGB plans to set up RM 77 million CP, MTN program

By Marisa Wong

Madison, Wis., Aug. 14 - RGB International Bhd. has proposed an up to RM 77 million seven-year commercial paper and medium-term note program.

Maybank Investment Bank Bhd. will be the principal adviser, lead arranger and lead manager.

The program is expected to launch in the fourth quarter of 2012.

Proceeds will be used to refinance the RM 76 million of outstanding debt under the company's existing RM 97 million commercial paper and MTN program.

The investment holding company is based in Penang, Malaysia.

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