Genting Malaysia raises RM1.3bil from MTNs

KUALA LUMPUR: Genting Malaysia Bhd’s wholly owned subsidiary, GENM Capital Bhd has issued RM1.3bil in nominal value of medium-term notes (MTNs). In a filing with Bursa Malaysia, Genting Malaysia said it raised RM1.05bil through three tranches of MTNs.These notes offer annual coupons ranging from 4.92% to 5.15% and have maturities spanning five to ten years. The leisure and...