Bursa Announcements
Date : 29 November 2013
OTHERS SUNWAY BERHAD ("SUNWAY") - ISSUANCE OF COMMERCIAL PAPERS AND/OR MEDIUM TERM NOTES PURSUANT TO A COMMERCIAL PAPER/MEDIUM TERM NOTE PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE (“CP/MTN PROGRAMME”)
SUNWAY BERHAD |
Type | Announcement | ||||||||||||
Subject | OTHERS | ||||||||||||
Description | SUNWAY BERHAD ("SUNWAY") - ISSUANCE OF COMMERCIAL PAPERS AND/OR MEDIUM TERM NOTES PURSUANT TO A COMMERCIAL PAPER/MEDIUM TERM NOTE PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE (“CP/MTN PROGRAMME”) | ||||||||||||
We refer to our announcement dated on 28 October 2013 in relation to the CP/MTN Programme. The Board of Directors of Sunway is pleased to announce that Sunway had on 28 November 2013, made the first issuance of RM500.0 million in aggregate nominal value of commercial papers (“CPs”) under the CP/MTN Programme. The details of the first issuance of CPs on 28 November 2013 are as follows:
The proceeds raised from the first issuance shall be used to repay all amounts outstanding under Sunway’s existing commercial paper/medium term note programme (“Existing CP/MTN Programme”) of up to RM500.0 million in nominal value. Upon the maturity of the remaining series of CPs issued under the Existing CP/MTN Programme on 29 November 2013, there shall not be any further issuance and the Existing CP/MTN Programme has been terminated with immediate effect. This announcement is dated 29 November 2013. |
Announcement Info
Company Name | SUNWAY BERHAD |
Stock Name | SUNWAY |
Date Announced | 29 Nov 2013 |
Category | General Announcement |
Reference No | SS-131129-75E97 |