Genting issues RM3bil MTN to refinance borrowings

Genting said the notes carry an interest rate of 1.8% plus three-month KL interbank offer rate.

PETALING JAYA: Genting Bhd’s wholly-owned subsidiary Genting Vista Bhd has raised RM3bil from the issuance of unrated medium-term notes (MTN) at par value with a tenure of one to five years.

The Series 1 MTN issuance is part of its RM5bil MTN programme guaranteed by Genting.