OTHERS SENTRAL REIT ("SENTRAL")s proposed establishment of Commercial Papers (CPs) Programme of RM300.0 million in nominal value (CP Programme) and Medium Term Notes (MTNs) Programme of RM3,000.0 million in nominal value (MTN Programme), subject to a combined limit of RM3,000.0 million in aggregate in nominal value (collectively referred to as the Programmes) by TRUSMADI CAPITAL SDN BHD (Issuer)

SENTRAL REIT

Type Announcement
Subject OTHERS
Description
SENTRAL REIT ("SENTRAL")s proposed establishment of Commercial Papers (CPs) Programme of RM300.0 million in nominal value (CP Programme) and Medium Term Notes (MTNs) Programme of RM3,000.0 million in nominal value (MTN Programme), subject to a combined limit of RM3,000.0 million in aggregate in nominal value (collectively referred to as the Programmes) by TRUSMADI CAPITAL SDN BHD (Issuer)

Sentral REIT Management Sdn Bhd (formerly known as MRCB Quill Management Sdn Bhd), the manager of SENTRAL, is pleased to announce that the Issuer, a wholly-owned special purpose vehicle of Maybank Trustees Berhad (as the trustee for and on behalf of SENTRAL), has on today lodged the Programmes with the Securities Commission.

The CP Programme shall have a legal tenure of seven (7) years from the date of the first issue of the CPs under the CP Programme, whereas the MTN Programme shall have perpetual tenure from the date of the first issue of the MTNs under the MTN Programme. Issuance of CPs and/or MTNs from time to time under the Programmes may be rated and/or unrated which will be determined prior to such issuance.

Proceeds raised from the issuance of CPs and/or MTNs under the Programmes may be utilised by the Issuer, amongst others, to advance to SENTRAL to finance or part-finance, amongst others, investment activities (including without limitation capital expenditure, asset enhancement and the related acquisitions and financing expenses) of SENTRAL, refinancing of existing and/or future borrowings/facilities of SENTRAL, and/or working capital and general corporate requirements of SENTRAL, from time to time.

                       

Maybank Investment Bank Berhad is the Principal Adviser, Lead Arranger and Lead Manager for the Programmes.

This announcement is dated 15 October 2021






Announcement Info

Company Name SENTRAL REIT
Stock Name SENTRAL
Date Announced 15 Oct 2021
Category General Announcement for PLC
Reference Number GA1-15102021-00108