PETALING JAYA: RHB Bank Bhd’s five-year US$300mil-nominal value senior unsecured notes have been oversubscribed by more than six times, with a final price guidance orderbook of over US$1.8bil.
The strong demand allowed RHB Bank to tighten guidance to 128 basis points over five-year US Treasury at a yield of 3.766% per annum, representing the tightest credit spread for a South-East Asia/South Asia issuance to date.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!