Genting issues RM900mil bonds to fund Genting Malaysia buyout


KUALA LUMPUR: Genting Bhd has raised RM900 million through medium-term notes (MTNs) to partly fund its acquisition of the remaining shares in Genting Malaysia Bhd.

In a filing to Bursa Malaysia on Monday, the company said the MTNs have a one-year tenure and carry an interest rate of one-month KLIBOR plus 1.80 per cent per annum.

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