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.