Hektar REIT announces first issuance under RM500m MTN programme
Hektar MTN Satu is a special purpose entity incorporated to raise financing on behalf of Hektar REIT.
Hektar MTN Satu is a special purpose entity incorporated to raise financing on behalf of Hektar REIT.
The perpetual MTN programme is not rated.
The proceeds from the issuance of the MTNs will be used for, among others, the development of properties and resorts of Genting Malaysia and its subsidiaries, including those in Genting Highlands, Pahang.
KUALA LUMPUR (May 19): IGB Commercial REIT Capital Sdn Bhd, a special-purpose entity incorporated by IGB Commercial REIT, has issued the first tranche of RM850 million bonds under its RM5 billion medium-term note (MTN) programme.
KUALA LUMPUR (March 20): Cagamas Bhd has conducted RM450 million in issuances, which will be used to fund the purchase of mortgage loans from the financial system.
KUALA LUMPUR (Nov 28): Cagamas Bhd said it is issuing its multi-tenured RM500 million Islamic Medium Term Notes (IMTNs) comprising RM20 million 1-year IMTNs, RM30 million 3-year IMTNs and RM450 million 5-year IMTNs.
KUALA LUMPUR (Sept 19): Atrium Real Estate Investment Trust plans to raise up to RM999 million by establishing a medium-term note (MTN) programme to part-finance the purchase of properties in Penang.
KUALA LUMPUR (June 28): RAM Rating Services Bhd said today that it remains cautious of China-based Country Garden Holdings Co Ltd’s aggressive risk appetite, particularly in terms of land acquisition and total debt.
KUALA LUMPUR (Dec 15): Sunway Bhd will set up a RM5 billion perpetual Islamic medium term note (IMTN) programme to finance its investment activities, capital expenditure and for working capital.
KUALA LUMPUR (Aug 15): Eco World Development Group Bhd’s (EcoWorld) wholly-owned unit, Eco World Capital Assets Bhd (EWCA), has raised RM250 million via the issuance of unrated medium term notes (MTNs) with the said nominal value.