KUALA LUMPUR, Malaysia, Nov 19 (Bernama) — Export-Import Bank of Malaysia Berhad (“MEXIM” or the “Bank”) has successfully returned to the international capital markets and priced a U.S. dollar bond offering of USD350 million 5-year Senior Unsecured Notes (the “Notes”). The Notes are issued off MEXIM’s USD3.0 billion Multicurrency Medium Term Note Programme.
Taking advantage of a steady market open in Asia on the morning of 18 November 2021, MEXIM opportunistically entered the global market, announcing an initial price guidance at T+90bps area for the Notes. MEXIM was able to compress the initial price guidance by 30bps and announce final price guidance at T+60bps area. The Notes were subsequently priced at T+60bps at a yield of 1.831%.