(Adds details of bonds so far rated in paragraph 7) KUALA LUMPUR, Aug 21 (Reuters) - Malaysia's second-largest lender, CIMB Bank, plans to sell up to 10 billion ringgit ($2.87 billion) in asset-backed bonds over 20 years, the bank said on Tuesday. The bonds, backed by car loans, would have maturities of one, three, five, seven and eight years with the first tranche of 505 million ringgit to be issued next month, said Patrick Khoo, CIMB Bank's head of securitisation and structured ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Malaysia's CIMB says in 10 bln rgt debt programme" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.