Malaysia’s CIMB Bank talks new notes due 2027 in 100 bps area

By Cristal Cody

Chicago, Jan. 13 – CIMB Bank Bhd. is on deck with an offer of notes due July 20, 2027 (A-) that are heard to be in the Treasuries plus 100 basis points area, according to information from a market source.

BofA Securities, Inc., CIMB, JPMorgan and Standard Chartered Bank are leading the sale.

CIMB Bank is a 99.99% owned subsidiary of CIMB Group Sdn. Bhd., a wholly owned subsidiary of CIMB Group Holdings. The CIMB banking group is based in Kuala Lumpur, Malaysia.

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