Public Bank issues RM1b debt

Publish date: Wed, 25 Sep 2013, 06:19 PM
Malaysia's third-largest lender by asset size, Public Bank Bhd, said that it issued Basel III compliant, medium-term notes worth RM1 billion on Wednesday.

The notes carry a coupon rate of 4.80 per cent and will mature in 2023, it said in a stock exchange filing. The bank has approval from Malaysia's central bank to issue notes worth up to RM10 billion.-- Reuters

Labels: PBBANK

Discussions
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vxse

What does this mean/implicate?

2013-09-26 10:47

Kaszaree Kasim

nothing. just more debt for future business. not really implicating a good business year. just implicating it has the means to pay back the 1B loan.

2013-09-26 10:52

vxse

Thank you, Kaszaree :)

2013-09-26 10:56

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