KUALA LUMPUR: Parkway Pantai Ltd, an indirect wholly-owned subsidiary of IHH Healthcare Bhd
, issued US$500mil (RM2.14bil) principal amount of senior perpetual securities on Thursday.
In a filing with Bursa Malaysia, IHH said this was part of the US$2bil (RM8.55bil) multicurrency medium-term note programme set up on July 13.
Perpetual securities are securities which has no fixed redemption date and the issuer has the right to redeem or purchase them in accordance with the terms and conditions set out in the programme.
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