Debt - Change of Terms::Provision of Notice of Written Resolution for USD15 million Floating Rate Notes due 2024 (Notes)

Issuer & Securities

Issuer/ Manager
MALAYAN BANKING BERHAD
Securities
MAYBANKBHDUS$15MF240415 - XS1982042001 - 52RB
Stapled Security
No

Announcement Details

Announcement Title
Debt - Change of Terms
Date &Time of Broadcast
11-Jan-2023 11:16:45
Status
New
Announcement Sub Title
Provision of Notice of Written Resolution for USD15 million Floating Rate Notes due 2024 (Notes)
Announcement Reference
SG230111OTHRZJ8M
Submitted By (Co./ Ind. Name)
Malayan Banking Berhad
Designation
-
Effective Date and Time of the event
10/01/2023 00:00:00
Description (Please provide a detailed description of the change in the box below)
Notice by Malayan Banking Berhad, the Issuer, to seek the consent and approval of the holders of the Notes by way of a Written Resolution, to the making of certain modifications to the Conditions and the Agency Agreement to, among other things, transition the Interest Basis of the Notes from 3-month USD LIBOR to SOFR Compounded Index. Please refer to the attached for details.

Additional Details

Asset Class
Bonds/ Notes

Attachments

Maybank - #99 Notice of Written Resolution.pdf
Total size =526K