Yinson Holdings Bhd's unit Yinson TMC Sdn Bhd has launched its inaugural capital markets transaction via a proposed issuance of US$100mil Regulation S perpetual hybrid capital securities.
The perpetual securities, which are unrated, were priced at a yield of 7% on a private placement basis, Yinson said in a statement on Friday.
"The perpetual securities are extremely unique as it will be Malaysia's first foreign currency denominated hybrid instrument," the integrated offshore production and support services provider said.
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The perpetual securities, which are unrated, were priced at a yield of 7% on a private placement basis, Yinson said in a statement on Friday.
"The perpetual securities are extremely unique as it will be Malaysia's first foreign currency denominated hybrid instrument," the integrated offshore production and support services provider said.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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