RHB bond

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.
<div style="text-align: left;"> RHB had been eyeing a dollar bond since March last year </div>
<div style="text-align: left;"> RHB had been eyeing a dollar bond since March last year </div>
May 09, 2012

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.

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