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OTHERS MUDAJAYA GROUP BERHAD ("MGB") - Issuance of Series 1 US$60 million 7% Notes due 2019 by Mudajaya Ventures Limited (a wholly-owned subsidiary of MGB) under its US$200 million Euro Medium Term Note ("EMTN") Programme

MUDAJAYA GROUP BERHAD

Type Announcement
Subject OTHERS
Description
MUDAJAYA GROUP BERHAD ("MGB")
- Issuance of Series 1 US$60 million 7% Notes due 2019 by Mudajaya Ventures Limited (a wholly-owned subsidiary of MGB) under its US$200 million Euro Medium Term Note ("EMTN") Programme

Reference is made to our announcement dated 28 December 2016 in respect of the issuance of Series 1 US$60 million 7% Notes (“Notes”) by Mudajaya Ventures Limited (“MVL”) under its EMTN Programme, which was subscribed by Mulpha Strategic Limited (“MSL”).

 

We wish to announce that MVL has on 27 December 2019, obtained approval from MSL for an extension of the maturity date of the Notes from 28 December 2019 to 28 December 2020.  Simultaneous with such extension, MVL has on even date, partially redeemed the Notes by an amount of US$20 million.  The fixed interest rate of 7% per annum payable by MVL to MSL on a semi-annual basis for the remaining outstanding Notes, remains unchanged. 

 

 

This announcement is dated 27 December 2019.






Announcement Info

Company Name MUDAJAYA GROUP BERHAD
Stock Name MUDAJYA
Date Announced 27 Dec 2019
Category General Announcement for PLC
Reference Number GA1-27122019-00039




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