Crescendo is pleased to announce that the Company has on 15 June 2021 completed the lodgement of the MTN Programme with the Securities Commission Malaysia (“SC”) pursuant to the SC’s Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework issued by the SC on 9 March 2015 and revised on 26 April 2021 (as amended from time to time).

The proceeds of the MTN Programme shall be utilised by the Company for the following:-
(i)   to refinance existing loans of the Crescendo’s group;
(ii)  for the working capital, capital expenditure and  general corporate funding requirements of the Crescendo group;
(iii) to refinance any outstanding MTN issued under the MTN Programme.

OCBC Bank (Malaysia) Berhad is the Principal Adviser, Lead Arranger, Lead Manager, Facility Agent and Security Agent for the MTN Programme.

This announcement is dated 15 June 2021.