KUALA LUMPUR, Sept 4 Malaysia's Malayan Banking
Bhd, the country's largest bank by assets, said on
Thursday it planned to raise up to $5 billion via
euro-commercial paper notes.
The bank may issue notes at any time, in U.S. dollar or
alternative currencies, it said in an announcement to the stock
exchange. Funds from the programme will go towards working
capital, general banking and other corporate purposes.
The programme, which was assigned a short-term debt rating
of P-2 by Moody's, was arranged by Maybank Investment Bank
Berhad and Maybank Kim Eng Securities Pte. Ltd.
The company on Aug. 19 established a separate programme to
raise up to 10 billion ringgit with capital securities
(Reporting by Al-Zaquan Amer Hamzah; Editing by Mark Potter)