UOB, HSBC price four-year MTN for Mercedes-Benz Services


UOB Malaysia deputy CEO Ng Wei Wei

KUALA LUMPUR: UOB Malaysia and HSBC Malaysia have priced a four-year RM350mil medium-term notes (MTN) offering for Mercedes-Benz Services Malaysia Sdn Bhd (MBSM).

In a joint statement, the lenders said the MTN issuance, due in March 2026 at a fixed coupon rate of 3.62% per year, was rated AAAs by RAM Rating Services Bhd.

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