RHB Bank plans senior US dollar bond

Malaysian lender RHB Bank is expected to launch a US dollar senior bond next month, following hot on the heels of Hong Leong Bank.

RHB Bank, Malaysia’s fourth-largest commercial bank, plans to launch a $300 million to $500 million senior bond next month, according to sources. Bank of America Merrill Lynch and Goldman Sachs are the arrangers.

Market participants say the Malaysian bank is eyeing tenors of three or five years, or a combination of both, that it will issue from its medium term note MTN programme. If the deal goes ahead, RHB will be the second Malaysian bank...

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