Maybank announced that it has established a senior medium term note programme (“MTN Programme”) under which Maybank may issue and have outstanding at any time MTNs of up to RM10.0 billion in nominal value.
The MTN Programme will give Maybank the flexibility to raise funds via the issuance of MTNs from time to time which can be utilised, amongst others, to fund Maybank’s working capital, general banking and other corporate purposes, including the refinancing of any existing borrowings incurred by Maybank and/or any existing debt instruments issued by Maybank.
The MTN Programme has been assigned a final long-term debt rating of AAA by Malaysian Rating Corporation Berhad.
Maybank Investment Bank is the Principal Adviser, Lead Arranger and Lead Manager for the MTN Programme.
The announcement was made on Bursa Malaysia on 2 September 2015.