UEM Edgenta has made the announcement that the company has successfully completed the issuance of RM250.0 million in nominal value of Islamic Medium Term Notes (IMTNs) under the Islamic Medium Term Notes (IMTN) Programme.
The issuance of Islamic Medium Term Notes (IMTNs) under an Islamic Medium Term Notes programme (IMTN Programme), which together with an Islamic Commercial Papers Programme (ICP Programme), have a combined aggregate limit of up to RM1,000 million in moninal value and a sub-limit of RM300 million in nominal value for the ICP programme, both under the Shariah principle of Murabahah (Via a Tawarruq arrangement)
The IMTNs were issued with a tenor of four (4) years and will mature on 24 April 2026.
