UOB Malaysia, Stanchart Malaysia price RM250mil mtn offering for MBSM


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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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