Kuala lumpur: Genting Bhd's wholly-owned subsidiary, Genting Vista Bhd, has issued an unrated medium-term notes (MTN) program worth RM3.0 billion in nominal value, marking the first series under its RM5 billion unrated MTN programme.

According to BERNAMA News Agency, the funds raised from this issuance will be used to redeem the MTN previously issued by Genting RMTN Bhd, another wholly-owned subsidiary of Genting. These notes were initially used to partially finance the acquisition of ordinary shares in Genting Malaysia Bhd as part of Genting's takeover offer.

In a filing with Bursa Malaysia, Genting disclosed that the Series 1 notes were issued at par, with a tenure ranging from one to five years. The notes carry an interest rate pegged at three-month KLIBOR plus 1.80 percent per annum. The issuance is being managed by Affin Hwang Investment Bank Bhd and AmInvestment Bank Bhd, serving as the Lead Managers.

Additionally, Genting announced that Genting RMTN has successfully redeemed the entire RM3.0 billion nominal value of MTN. These notes were initially issued on November 10, 2025, November 20, 2025, November 27, 2025, and December 5, 2025, under its RM10 billion MTN Programme.