BOUSTEAD Holdings Bhd signed with Aseambankers Malaysia Bhd yesterday a facility to issue up to RM350mil bank guaranteed bonds comprising Bank Guaranteed Serial Bonds of RM250mil and Bank Gua-ranteed Redeemable Convertible Bonds of up to RM100mil (RCB).
“The fixed-rate bonds will allow Boustead to tap the domestic capital market and capitalise on the current interest rate scenario,” Aseam-bankers said in a statement.
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