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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