Standard & Poor's Ratings Services has assigned an A- unsolicited issue rating to CIMB Bank Bhd's recently-announced US$350mil 2.375% senior unsecured notes.
It said in a statement the notes would be issued under the bank's US$1bil euro medium-term notes programme with a tenor of five years.
“The rating on the notes reflects the long-term issuer credit rating on CIMB Bank,” it said. (The Star Online)
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