RHB Bank is pleased to announce that it had on 30 June 2026 completed its T2 Notes issuance of RM410.0 million in nominal value under the Note Programme.
The T2 Notes, rated AA2 / Positive by RAM Rating Services Berhad, was issued for a tenure of ten non-callable five (10NC5) years with a fixed coupon rate of 3.97% per annum, payable semi-annually in arrears. The T2 Notes will have an optional redemption call option on the fifth (5th) anniversary of the issue date (with the first optional redemption date on 30 June 2031) and on any coupon payment date thereafter. Proceeds raised from the T2 Notes will be utilised to finance the working capital of RHB Bank and its subsidiaries, general banking purposes and/or refinancing of the outstanding borrowings or capital instruments of RHB Bank and its subsidiaries.
The RM410.0 million T2 Notes will qualify as Tier 2 capital of RHB Bank in accordance with Bank Negara Malaysia's policy document on Capital Adequacy Framework (Capital Components) issued on 14 June 2024.
This announcement is dated 30 June 2026.