OTHERS Proposed establishment of Commercial Papers (CP) and/or Medium Term Notes (MTN) (collectively the CP/MTN) Programme of up to RM450 million in nominal value (CP/MTN Programme) by Murud Capital Sdn Bhd (Issuer)
MRCB-QUILL REIT |
Type | Announcement |
Subject | OTHERS |
Description | Proposed establishment of Commercial Papers (CP) and/or Medium Term Notes (MTN) (collectively the CP/MTN) Programme of up to RM450 million in nominal value (CP/MTN Programme) by Murud Capital Sdn Bhd (Issuer) |
MRCB Quill Management Sdn Bhd, the manager of MQREIT, is pleased to announce that the Issuer, a wholly-owned special purpose vehicle of Maybank Trustees Berhad (as Trustee for MQREIT), had today lodged the CP/MTN Programme with the Securities Commission. The CP/MTN Programme is unrated and will have a legal tenure of seven (7) years from the date of the first issuance under the CP/MTN Programme. Proceeds raised from the issuance will amongst others, be advanced to MQREIT to finance or part-finance its investment activities, refinancing of its existing and/or future borrowings/facilities, and/or for its working capital requirements. Maybank Investment Bank Berhad is the Principal Adviser, Lead Arranger and Lead Manager for the CP/MTN Programme. This announcement is dated 21 January 2020. |
Announcement Info
Company Name | MRCB-QUILL REIT |
Stock Name | MQREIT |
Date Announced | 21 Jan 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-21012020-00006 |