RHB Bank finally emerges with $300 million dollar debut

After mandating banks over a year ago, RHB prints a small debut bond, but replaces Goldman Sachs with Citi.

RHB Bank finally emerges with $300 million dollar debut

Malaysian lender RHB Bank on Tuesday night priced a $300 million five-year debut dollar bond finally crossing the line after mandating banks more than a year ago. The initial guidance was Treasuries plus 270bp and this was tightened to Treasuries plus 255bp to 265bp with the bond pricing at the tight end at Treasuries plus 255bp.

RHB Bank had been eyeing a dollar bond as early as March 2011 and, at that time, it had...

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