AmBank eyes US dollar bond as early as Q3 after EMTN launch
Malaysia’s AmBank says it plans to issue a dollar bond as early as September after setting up a Euro-medium term note programme, as the bank aims to cut its reliance on bilateral loans.
While the bank has not decided on specific bond terms, if it went ahead with a benchmark $500m size the tenor would be five years, according to Bob Moffat, head of capital and balance sheet management at AmBank Group.
“We’ve got various bilateral dollar facilities but it’s much better
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