Malaysia's Hong Leong Bank to price up to $300 million of bonds

By Christine Van Dusen

Atlanta, March 10 - Malaysia's Hong Leong Bank Bhd. is planning an issue of up to $300 million of senior bonds, according to a company announcement.

Barclays Capital, RBS Securities and Standard Chartered Bank are the bookrunners for the notes. CIMB Investment Bank Bhd. and Hong Leong Investment Bank Bhd. are the co-managers.

Proceeds will be used for working capital and for general banking purposes.

Hong Leong Bank is a lender based in Kuala Lumpur.

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