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Prospect News home > News index > List of issuers A > Headlines for AEON Credit Service (M) Bhd. > News item
Published on 10/30/2013 in the Prospect News Emerging Markets Daily.

Malaysia's Aeon Credit plans up to RM 400 million perpetual securities

By Marisa Wong

Madison, Wis., Oct. 30 - Aeon Credit Service (M) Bhd. has proposed an up to RM 400 million perpetual private debt securities program. The company announced that the Securities Commission Malaysia authorized the program on Tuesday.

Hong Leong Investment Bank Bhd. is the lead arranger for the perpetual private debt securities.

Proceeds will be used to refinance bank borrowings, for working capital and for investments.


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