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Banking 14 Oct 2016 | 11:35 AM

Exim Bank prices US$500mil senior notes offering

KUALA LUMPUR: Export-Import Bank of Malaysia Bhd (Exim Bank) has successfully priced its US$500mil (RM2.1bil) five-year, senior unsecured notes offering at 120 basis points over US Treasuries at a fixed coupon of 2.48%.

Corporate News 14 Oct 2016 | 6:58 AM

Exim Bank successfully prices US$500m senior notes

KUALA LUMPUR: Export-Import Bank of Malaysia Bhd (Exim Bank) has successfully priced its US$500 million five-year, senior unsecured notes offering at 120 basis points over US Treasuries at a fixed coupon of 2.48%.

Nation 24 Nov 2013 | 12:00 AM

Najib checks up on Budget progress

IPOH: Prime Minister Datuk Seri Najib Tun Razak will chair a top brass meeting of ministers, secretaries-general and heads of government departments here next month to hear how they are dealing with the Budget 2014 policies and programmes.

Business 15 Dec 2012 | 12:00 AM

Merger of Hello Axiata and Latelz positive, says Moody’s

SINGAPORE: Moodys Investors Service says Axiata Group Bhds merger of its wholly-owned Cambodian unit, Hello Axiata Co Ltd, and Latelz Co Ltd is positive but has no impact on Axiatas i>Baa2/iissuer and senior unsecured ratings.

Business 31 Oct 2012 | 12:00 AM

China developers’ credit quality improving

BEIJING: Chinese property developers credit quality is improving, signalled by rebounding sales and the ability of companies to tap international capital markets to raise funds, ratings agency Moodys Investors Service said.

Business 30 Oct 2012 | 12:00 AM

Moody’s upgrades the Philippines

MANILA: The Philippines, Asias most aggressive issuer of sovereign debt, is a notch away from an investment grade credit rating after Moodys Investors Service upgraded its ratings by one level yesterday.

Business 29 Sep 2012 | 12:00 AM

Moody’s cuts Vietnam rating on banking stress

HANOI: Moodys Investors Service downgraded Vietnams sovereign credit rating by one notch to i>B2/i>, citing stresses in the banking industry from a prolonged credit boom and a darkening economic backdrop.

Business 06 Sep 2012 | 12:00 AM

Sharp short-term rating cut

TOKYO: Japans Sharp Corp had its short-term debt rating cut to junk by Moodys Investors Service, further curtailing the struggling TV makers access to credit as it looks for money to pay its debts.

Business 03 Jul 2012 | 12:00 AM

Ratings firms: Petronas can still meet debt obligations

PETALING JAYA: Ratings agencies Fitch Ratings and Moodys Investors Service say Petroliam Nasional Bhds (Petronas) proposed acquisition of Canadian firm Progress Energy Corp via subsidiary Petronas Carigali Ltd will not affect the national oil corporations ability to meet its debt obligations.

Business 24 Mar 2011 | 12:00 AM

Portugal PM quits amid debt crisis, bailout looms

LISBON, Portugal (AP) - Portugal's prime minister quit Wednesday after opposition parties overwhelmingly rejected his last-ditch round of austerity measures aimed at preventing the eurozone's weakest economy from plunging into chaos.