Share
- AME Elite said the notes have a three-year tenure and will mature on April 18, 2028, with a periodic distribution rate of 4.02% per annum.
KUALA LUMPUR (April 18): AME Elite Consortium Bhd’s (KL:AME) wholly-owned subsidiary, AME Capital Sdn Bhd, has issued RM300 million in Islamic medium-term notes (IMTN) under its RM1.5 billion IMTN programme.
In a filing with Bursa Malaysia on Friday, AME Elite said the notes have a three-year tenure and will mature on April 18, 2028, with a periodic distribution rate of 4.02% per annum.
“Proceeds raised from the IMTN shall be utilised for the refinancing of existing Islamic financing, including intercompany financing of AME Elite Consortium and its subsidiaries as well as working capital requirements of the group, which shall be shariah-compliant,” it added.
AME Elite said RAM Rating Services Bhd has assigned a long-term credit rating of AA3(s) with a stable outlook to the programme.
“The notes were issued via book building, with RHB Investment Bank Bhd as the sole lead manager,” the company added.
Want to have a more personalised and easier house hunting experience? Get the EdgeProp Malaysia App now.
TOP PICKS BY EDGEPROP
Rimbun @ Embassy Row
Ampang Hilir, Kuala Lumpur
New Launch Semi-D @ Kota Kemuning
Kota Kemuning, Selangor
PRE LAUNCH SEMI-D @ KOTA KEMUNING
Kota Kemuning, Selangor
New Launch 40x80 Semi-D @ Kota Kemuning
Kota Kemuning, Selangor
Elemen Residences @ Tropicana Aman
Telok Panglima Garang, Selangor
NEW LAUNCH 3STRY 28X70 SUPERLINK @ KOTA KEMUNING
Kota Kemuning, Selangor
New Launch Superlink @ Puncak Alam
Bandar Puncak Alam, Selangor
NEW LAUNCH SUPERLINK [KOTA KEMUNING]
Kota Kemuning, Selangor
NEW LAUNCH LAKEVIEW TOWNHOUSE @ KOTA KEMUNING
Kota Kemuning, Selangor
NEW LAUNCH SUPERLINK @ KOTA KEMUNING
Kota Kemuning, Selangor
NEW LAUNCH LAKEVIEW BUNGALOW @ KOTA KEMUNING
Kota Kemuning, Selangor
Japanese Inspired Garden Home
Cyberjaya, Selangor
