Affin Group debuts in US bond market


Affin said the issuance attracted strong global demand.

KUALA LUMPUR: Affin Group made its debut in the US dollar bond market with the issuance of the senior unsecured notes with a nominal value of US$300mil under its US$2bil euro medium term note (EMTN) programme.

The bank said in a statement that the issuance followed the establishment of the EMTN programme and Affin’s recent inaugural international credit rating of A3 (stable) from Moody’s Investor Services, Inc.

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