GENTING

2.840

-0.02 (-0.7%)

OTHERS GENTING BERHAD ("GENT") (I) ISSUANCE OF MEDIUM TERM NOTES ("MTN") BY GENTING VISTA BERHAD ("GENTING VISTA") PURSUANT TO THE RM5.0 BILLION UNRATED MTN PROGRAMME GUARANTEED BY GENT ("UNRATED MTN PROGRAMME") (II) REDEMPTION OF MTN BY GENTING RMTN BERHAD ("GENTING RMTN") PURSUANT TO THE RM10.0 BILLION MTN PROGRAMME GUARANTEED BY GENT ("MTN PROGRAMME")

GENTING BERHAD

Type Announcement
Subject OTHERS
Description
GENTING BERHAD ("GENT")

(I)	ISSUANCE OF MEDIUM TERM NOTES ("MTN") BY GENTING VISTA BERHAD ("GENTING VISTA") PURSUANT TO THE RM5.0 BILLION UNRATED MTN PROGRAMME GUARANTEED BY GENT ("UNRATED MTN PROGRAMME") 

(II)	REDEMPTION OF MTN BY GENTING RMTN BERHAD ("GENTING RMTN") PURSUANT TO THE RM10.0 BILLION MTN PROGRAMME GUARANTEED BY GENT ("MTN PROGRAMME")

Reference is made to GENT’s announcements on:

 

(a) 5 December 2025 in relation to the Unrated MTN Programme; and

 

(b) 17 September 2019, 8 November 2019, 25 March 2022, 10 November 2025, 20 November 2025, 27 November 2025 and 5 December 2025 in relation to the MTN Programme.

 

Further to the above, the Board of Directors of GENT wishes to announce that Genting Vista, a wholly owned subsidiary of GENT, has today issued RM3.0 billion in nominal value of MTN (“Series 1 MTN”) under the Unrated MTN Programme as follows:

 

 

Series 1 MTN

Issue size

RM3.0 billion

Issue price

Issued at par

Tenure of issue

1 to 5 years

Interest rate (p.a.)

3-month KLIBOR + 1.80%

 

 

The proceeds raised from the Series 1 MTN issuance above shall be utilised to redeem the MTN issued by Genting RMTN, a wholly owned subsidiary of GENT, which were utilised to part finance the acquisition of ordinary shares in Genting Malaysia Berhad pursuant to the takeover offer by GENT.

 

Affin Hwang Investment Bank Berhad and AmInvestment Bank Berhad are the Lead Managers for the Series 1 MTN issuance.

 

Pursuant to Paragraph 9.19 (38) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of GENT wishes to further announce that Genting RMTN has today fully redeemed the aggregate RM3.0 billion nominal value of MTN issued on 10 November 2025, 20 November 2025, 27 November 2025 and 5 December 2025 under the MTN Programme.

 

This announcement is dated 30 December 2025.






Announcement Info

Company Name GENTING BERHAD
Stock Name GENTING
Date Announced 30 Dec 2025
Category General Announcement for PLC
Reference Number GA1-29122025-00009