Debt - Change of Terms::Notice of Change of Terms - USD850m 5 year Floating Rate Notes (ISIN : XS2035552889)

Issuer & Securities

Issuer/ Manager
MALAYAN BANKING BERHAD
Securities
MAYBANK BHD US$850MF240816 - XS2035552889 - 5C8B
Stapled Security
No

Announcement Details

Announcement Title
Debt - Change of Terms
Date &Time of Broadcast
04-Jul-2023 15:31:38
Status
New
Announcement Sub Title
Notice of Change of Terms - USD850m 5 year Floating Rate Notes (ISIN : XS2035552889)
Announcement Reference
SG230704OTHR2RXO
Submitted By (Co./ Ind. Name)
Malayan Banking Berhad
Designation
-
Description (Please provide a detailed description of the change in the box below)
Notice is hereby given to the holders of the Notes for the purpose of effecting a Benchmark Replacement following the occurrence of a Benchmark Transition Event due to the announcement on 3 July 2023 by Financial Conduct Authority ( FCA ) that, among others, 3-month USD LIBOR is no longer representative. Please refer to the attached Notice of Change of Terms for more details.

Additional Details

Asset Class
Bonds/ Notes

Attachments

Maybank LIBOR - #105 Notice of Change of Terms.pdf
Total size =1412K