UOB, HSBC price four-year RM350mil MTN for Mercedes-Benz Services Malaysia


UOB Malaysia deputy CEO Ng Wei Wei

KUALA LUMPUR: UOB Malaysia and HSBC Malaysia have priced a four-year RM350mil medium-term notes (MTN) offering for Mercedes-Benz Services Malaysia Sdn Bhd (MBSM).

In a joint statement, the lenders said the MTN issuance, due in March 2026 at a fixed coupon rate of 3.62 per cent per annum, was rated AAA(s) by RAM Rating Services Bhd.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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