E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/20/2019 in the Prospect News Emerging Markets Daily.

New Issue: Malaysia’s Maybank issues $200 million zero-coupon notes due 2059

By Marisa Wong

Los Angeles, Nov. 20 – Malayan Banking Bhd. (Maybank) issued $200 million of zero-coupon callable notes due 2059 in two tranches on Wednesday, according to notices.

Jefferies International Ltd. and Maybank Kim Eng Securities Pte. Ltd. are the bookrunners for the $150 million tranche, and Deutsche Bank AG, Singapore Branch and Maybank Kim Eng Securities are the bookrunners for the $50 million tranche.

The commercial and retail bank is based in Kuala Lumpur.

Issuer:Malayan Banking Bhd. (Maybank)
Issue:Zero-coupon callable notes
Amount:$200 million
Maturity:2059
Bookrunners:Jefferies International Ltd. and Maybank Kim Eng Securities Pte. Ltd. for a $150 million tranche; Deutsche Bank AG, Singapore Branch and Maybank Kim Eng Securities for a $50 million tranche
Settlement date:Nov. 20

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.