19  October 2015  - 19:42
Maybank issues Basel III-compliant Tier 2 Subordinated Notes of RM2.2 billion

Maybank has on 19 October 2015 completed the issuance of a RM2.2 billion Basel III-compliant Tier 2 Subordinated Notes (“Subordinated Notes”) under the RM7.0 billion Subordinated Note Programme.

The issuance details are summarized as follows:



Malayan Banking Berhad


Issue Date

19 October 2015


Nominal Amount




10 years on a 10 non-callable 5 basis


Maturity Date

17 October 2025


Call Date

Callable on the fifth anniversary date from the Issue Date and on every coupon payment date thereafter with the first call date on 19 October 2020


Coupon Rate

4.90% per annum


Details on Utilisation of Proceeds

The proceeds from the Subordinated Notes will be utilised to fund Maybank’s working capital, general banking and other corporate purposes.



AA1 (RAM Rating Services Berhad)

The Subordinated Notes will qualify as Tier 2 capital of Maybank in accordance with the Bank Negara Malaysia Capital Adequacy Framework (Capital Components) issued on 28 November 2012.

This announcement was made to Bursa Malaysia on 19 October 2015.