PETALING JAYA: Berjaya Land Bhd
(BLand) has proposed to issue up to RM650mil in debt notes to refinance its borrowings, equity investments and working capital.
In its filing with Bursa Malaysia, the property development company said its proposed medium-term note (MTN) programme would be backed by a financial guarantee insurance facility by Danajamin Nasional Bhd and a bank guarantee facility by OCBC Bank (M) Bhd.
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