Malaysia’s EXIM Bank gives guidance for $500 million five-year notes at Treasuries plus 120-125 bps

By Christine Van Dusen

Atlanta, Oct. 13 – Export-Import Bank of Malaysia Bhd. (EXIM Bank) set guidance at Treasuries plus 120 basis points to 125 bps for a $500 million offering of five-year notes (expected ratings: A3//A-), a market source said.

CIMB, Maybank, HSBC and Nomura are the bookrunners for the Regulation S deal.

The proceeds will be used for general banking and financing activities, working capital and for other corporate purposes.

The lender is based in Kuala Lumpur.

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