HLFG in RM5bil commercial paper issuance


PETALING JAYA: Hong Leong Financial Group Bhd (HLFG) has lodged a RM5bil commercial papers (CP) programme with the Securities Commission under the lodge and launch framework.

In a filing with Bursa Malaysia, HLFG said proceeds from the CP issuance would be used for on-lending and investments in its subsidiaries, working capital, general investments, corporate purposes, and refinancing existing financing obligations or CPs issued under the programme.

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HLFG , SC , RAM

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