Reliance Pacific Berhad ("RPB" Or "Company") - Rm100.0 Million Nominal Value Fixed Rate Secured Serial Bonds ("Serial Bonds").

BackJul 26, 2001
General Announcement
Reference No MM-010726-62252
Submitting Merchant Bank : PERDANA MERCHANT BANKERS BERHAD
Company Name : RELIANCE PACIFIC BERHAD 
Stock Name : RPB
Date Announced : 26/07/2001

Type : Announcement
Subject : RELIANCE PACIFIC BERHAD ("RPB" or "Company")
- RM100.0 Million Nominal Value Fixed Rate Secured Serial Bonds ("Serial Bonds").

Contents :
Further to the announcements made on 5 March 2001 and 11 May 2001 and on behalf of the Board of Directors of RPB, Perdana Merchant Bankers Berhad as the Lead Arranger/Adviser, is pleased to announce that the Serial Bonds have been issued to the Primary Subscriber, Abrar Discounts Berhad, on 25 July 2001. The Serial Bonds, which are rated A- by Malaysian Rating Corporation Berhad, are issued on the following basis:-

Series
Nominal Value
(RM Million)
Maturity Date
1
15.0
23 July 2004
2
35.0
25 July 2005
3
50.0
25 July 2006



The coupon rate for the Serial Bonds is at 4.00% per annum, payable semi-annually in arrears.


This announcement is dated 26 July 2001.