KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) and Standard Chartered Bank Malaysia Bhd (StanChart Malaysia) have priced an offering of RM250 million medium term notes (MTN) for Mercedes-Benz Services Malaysia Sdn Bhd (MBSM).
In a joint statement today, the banks said the MTN issuance, due in September 2023, has AAA rating by RAM Rating Services and is priced at a fixed coupon rate of 2.70 per cent per annum.
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