OTHERS Sentral REIT - 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 - 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")

We refer to the announcement dated 15 October 2021.

Sentral REIT Management Sdn Bhd (formerly known as MRCB Quill Management Sdn Bhd), the manager of Sentral REIT, wishes to announce that the Issuer has today, made its first issuance of RM240 million in nominal value of CPs and RM20 million in nominal value of MTNs out of the respective Programmes.

Proceeds raised from the issuance of CPs and MTNs under the Programmes will be utilised by the Issuer for advancing to Sentral REIT pursuant to the REIT Trustee Financing Agreement (Issue 1), to refinance the maturing notes of RM260.0 million in nominal value under the existing commercial papers programme and/or medium term notes programme, subject to an aggregate combined programme limit of RM3,000 million in nominal value established by Kinabalu Capital Sdn Bhd.                                   

                                   

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

This announcement is dated 17 December 2021






Announcement Info

Company Name SENTRAL REIT
Stock Name SENTRAL
Date Announced 17 Dec 2021
Category General Announcement for PLC
Reference Number GA1-17122021-00063