Tuesday, 10 January 2012

Danajamin guarantees WCT-MAHB Segi Astana’s RM470m debt notes

KUALA LUMPUR (Jan 10): Danajamin Nasional Bhd is guaranteeing Segi Astana Sdn Bhd’s RM470 million 14-year medium term notes (MTN) programme to part finance an integrated complex at the Kuala Lumpur International Airport 2 (KLIA2).

Danajamin said on Tuesday the first tranche of the MTN programme totaling RM150 million, with maturity ranging from 11 years to 14 years, was issued today. The issuance, rated AAA(fg), was fully subscribed.

Segi Astana is a special purpose vehicle jointly owned by WCT BHD []’s unit WCT Land Sdn Bhd and Malaysia Airports Holdings Bhd.

AmInvestment Bank Bhd was the principal adviser, lead arranger and lead manager for the MTN Programme.

“Including this issuance, to-date Danajamin has provided guarantees to 16 companies for bond programmes totaling RM4.4 billion. The companies are from various sectors including PLANTATION [], utilities, education, retail and manufacturing,” it said.



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