KUALA LUMPUR: RHB Bank Bhd has completed the issuance of its US$500mil (RM2.08bil) senior unsecured notes, the fourth issuance under its US$5bil (RM20.76bil) euro medium term note programme which was established on Sept 23, 2014.

       In a filing to Bursa Malaysia, the bank said the senior notes, rated A3 by Moody’s Investors Service Inc, were priced at five-year US Treasury +78 basis points or a yield of 1.66% and will pay a coupon of 1.658% per annum.

       The tenure of the senior notes is for five years, maturing on June 29, 2026.

       Net proceeds from the issuance will be utilised for its general working capital and other corporate purposes.