KUALA LUMPUR: Hong Leong Bank Bhd
(HLB) has issued RM1bil in nominal value of Tier-2 subordinated notes (HLB Sub-Notes), pursuant to its multi-currency HLB T2 programme.
In a filing with Bursa Malaysia, the bank said the issuance has a coupon rate of 4.05% per annum, a tenure of 10 years, and is non-callable for five years.
