The Board of Directors of IGB Berhad ("IGB") wishes to announce that IGB as the Issuer had on 30 October 2024 lodged with the Securities Commission Malaysia ("SC"), the required information and relevant documents pursuant to the Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework issued by SC on 9 March 2015 and as revised on 5 February 2024 (as amended and/or substituted from time to time) ("LOLA Guidelines") in relation to the establishment of the MTN Programme.
The proceeds from the issuance of the MTNs under the MTN Programme shall be utilised by the Issuer to finance the general corporate purposes of the Issuer and/or its subsidiary companies ("IGB Group") including its investment, capital expenditure, working capital requirements and/or to refinance and/or to repay the IGB Group’s existing financing / borrowings / corporate bonds / Sukuk.
Public Investment Bank Berhad is the Principal Adviser, Lead Arranger and Lead Manager in respect of the MTN Programme.
This announcement is dated 30 October 2024.