By Marisa Wong
Morgantown, W.Va., Aug. 14 – Eco World Development Group Bhd. announced that wholly owned subsidiary Eco World Capital Assets Bhd. issued RM 250 million of five-year notes on Monday.
The notes were issued under the company’s RM 500 million medium-term note program, which expires in 15 years.
Proceeds from the new notes will be used for general corporate purposes and to refinance existing or future financing.
The property developer is based in Shah Alam, Malaysia.
| Issuer: | Eco World Capital Assets Bhd.
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| Issue: | Medium-term notes
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| Amount: | RM 250 million
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| Maturity: | Five years
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| Settlement date: | Aug. 14
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