HLFG to issue RM2b debt paper for working capital, investment

Newsflash

KLCI regains some lost ground at mid-morning

GE jitters may trump IMKL's Asean flavour

Bad market is good for business for Etika

Brahims to buy remaining 49% stake in Brahims-LSG sky Chefs for RM130m cash

Australia to seal trade deal with Malaysia

CIMB Research downgrades Telco sector to Neutral

Thai NESDB agency keeps 2012 GDP growth f'cast at 5.5%-6.5%

ECM Libra Research maintains Hold on Sunway, target price RM2.17

HLFG to issue RM2b debt paper for working capital, investment

Business & Market 2010

Written by The Edge Financial Daily

Friday, 29 January 2010 17:49

A + / A - / Reset

KUALA LUMPUR: Hong Leong Financial Group Bhd has proposed to issue medium-term notes (MTN) up to RM2 billion in nominal value to raise funds for its working capital and investment purposes.

HLFG said today the MTN would be issued by its unit HLA Holdings Sdn Bhd and the tenure of proposed MTN programme would be six years from the date of the first issuance of the MTN.

CIMB Investment Bank Bhd is to be the principal adviser and lead arranger for the MTN programme.

Markets extend falls on growing external worries< Prev		Next >DRB-Hicom plans university college for automotive skills

Last Updated on Friday, 29 January 2010 18:33

Categories

Other Publications & Pullouts