Debt - Change of Terms::Provision of Notice of Written Resolution for USD20 million Floating Rate Notes due 2024 (Notes)

Issuer & Securities

Announcement Title: Debt - Change of Terms
Date &Time of Broadcast: 04-Jan-2023 17:16:39
Status: New
Announcement Sub Title: Provision of Notice of Written Resolution for USD20 million Floating Rate Notes due 2024 (Notes)
Announcement Reference: SG230104OTHR3PQ5
Submitted By (Co./ Ind. Name): Malayan Banking Berhad
Designation: -
Effective Date and Time of the event: 03/01/2023 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.

Total size =370K