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Malaysia’s OSK sets up RM 990 million medium-term note program
By Marisa Wong
Morgantown, W.Va., Oct. 15 – Malaysia’s OSK Holdings Bhd. has established an up to RM 990 million medium-term note program, according to a Bursa Malaysia announcement.
RHB Investment Bank Bhd. is the lead arranger and lead manager for the 15-year MTN program.
OSK plans to use funds from the issuance of MTNs to refinance existing borrowings and to fund working capital requirements.
OSK is a stockbroking firm based in Kuala Lumpur.
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