PETALING JAYA: Bukit Bintang City Centre Development Sdn Bhd, a project to develop the site of the former Pudu prison, is raising a RM770mil (US$196mil) debut loan, sources said.
CIMB Bank and Maybank are the mandated lead arrangers (MLAs), bookrunners and underwriters of the loan, which is split into two five-year tranches of RM150mil and RM450mil, a RM120mil six-year portion and a RM50mil bank guarantee facility.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!