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Cititower signs RM3.2bil Islamic financing


PETALING JAYA: CIMB and Maybank’s respective investment banking arms, CIMB Investment Bank Bhd (CIMB) and Maybank Investment Bank Bhd (Maybank IB), have entered into an agreement with Cititower Sdn Bhd for a 20-year RM3.2bil syndicated Islamic term financing (ITF).

CIMB and Maybank IB will act as the joint mandated lead arrangers and bookrunners for the syndicated ITF to part finance a ongoing mixed commercial development project within the Kuala Lumpur City Centre (KLCC) that is expected be completed by mid-2020.

Banking , Economy , Corporate News , CIMB , Maybank IB , Cititower

   

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