Maybank lists A$26m floating-rate bonds in Singapore

Maybank, however, did not specify how it plans to use the money raised from the issue. (Photo by Zahid Izzani Mohd Said/The Edge)

Maybank, however, did not specify how it plans to use the money raised from the issue. (Photo by Zahid Izzani Mohd Said/The Edge)

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KUALA LUMPUR (Nov 9): Malayan Banking Bhd (Maybank) has listed A$26 million (about RM80.01 million) worth of floating-rate bonds due 2028 on the Singapore Exchange's (SGX) Bonds Market with effect from 9am on Tuesday (Nov 9). 

“The issue date of the notes is Nov 8, 2021,” Maybank said in a statement to the SGX on Monday.

Maybank, however, did not specify how it plans to use the money raised from the issue.

The lead managers and bookrunners of the notes are Maybank Kim Eng Securities Pte Ltd besides Australia and New Zealand Banking Group Ltd.

On Bursa Malaysia on Tuesday, Maybank shares were traded unchanged at RM8.01 as at the time of writing, giving it a market value of around RM95.08 billion.

Maybank’s latest-reported number of issued shares stood at 11.87 billion, according to a filing with Bursa on Oct 21.