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FACTS & FIGURES
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Consolidated IYTM
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Individual IYTM
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MGS Indicative Price
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Historical Outstanding Amount
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Facility Information
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Last Update:22 April 2021
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Facility Information
Facility Code : 202100013
Facility No. : 202100000013
General
Description
:
GEORGE KENT RM500.0M IMTN SUKUK WAKALAH PROGRAMME
Principle
:
ISLAMIC
Maturity Date
:
24/03/2051
Mode of Offer
:
TENDERING AND NON TENDERING
Acronym
:
IMTN
Currency
:
Malaysia Ringgit
Issuer
:
GEORGE KENT (MALAYSIA) BERHAD
Lead Arranger (LA) /
Facility Agent (FA)
FA
:
AMINV
LA
:
AMINV
Co-Arranger
Facility Amount
Facility Limit
:
500,000,000.00
Availability Period
:
24/03/2051
Available Limit
:
368,000,000.00
Outstanding
:
132,000,000.00
Spread Against Reference/ Source
:
Form
:
Bearer
Others
Authorised Depository
:
BNM
Paying Agent
:
BNM
Trustee/Security Agent
:
MTRUSTEE BERHAD
Islamic Concept
AL-WAKALAH
BIL ISTITHMAR
MURABAHAH
Selling Restrictions
Schedule 6 [Section 229(1)(b)] of the CMSA 2007
Schedule 9 or Section 257(3) of the CMSA
Facility Approval
Facility Approval Date (BNM)
:
Facility Approval Date (SC)
:
14/01/2021
DPA Agreement Signed
:
17/02/2021
Approval Expiry
:
13/04/2021
Instruments
Instrument Code
:
IMTN
Instrument Description
:
ISLAMIC MEDIUM TERM NOTES
Instrument Type
:
MEDIUM TERM NOTES
Instrument Transaction Type
:
NOT APPLICABLE
Principle
:
ISLAMIC
Bullet / Revolving
Revolving
Instrument Participants
Underwritten : No
Auto deduction of underwriter commitment amount : No
Total Original Commitment (RM)
:
0.00
Total Present Available Commitment (RM)
:
0.00
Organisation
Original Commitment (RM)
Present Available Commitment (RM)
Guaranteed : No
Total Guaranteed (RM)
:
0.00
Organisation
Guaranteed Amount (RM)
Remarks (200 characters)
:
Direct Bidder
Organisation
Primary Subscribers
Organisation
Suspended Direct Bidder
Organisation
Restricted Organisation
Organisation
Market Maker
Organisation
ABS Details
Originator
:
Servicer
:
Special Purpose Vehicle (SPV)
:
Underlying Assets
Rating
Government Guarantee : No
Indicator : Rated
Facility Rating
Instrument
Rating Agency
Effective Date
Current Rating Tenure
Initial Rating
Current Rating
Rating Action
Rating Outlook
Rating Watch
IMTN
MARC
16/11/2020
LONG TERM
A+
IS
A+
IS
Affirmed
Stable
Stable
Utilisation
Facility Sectors – refers to issuer’s nature of business
FISS
Sector
Amount (RM)
5000
CONSTRUCTION
500,000,000.00
5010
Building of complete construction or parts there of; civil engineering
500,000,000.00
5008
Other civil engineering
500,000,000.00
Sector Grand Total (RM)
500,000,000.00
Facility Utilisation – refers to utilisation of debt securities
FISS
Utilisation
Amount (RM)
Others
500,000,000.00
Utilisation Grand Total (RM)
500,000,000.00
Attachment
File Name
File Description
George Kent - OTC (IMTN Programme).pdf
Other Terms and Conditions
George Kent- PTC (IMTN Programme).pdf
Principal Terms and Conditions
Lead Arranger/ Facility Agent Remarks
The facility comprised of an ICP programme of up to RM100.0M and IMTN programme of up to RM500.0M in nominal value with the ICP and the IMTN Programme having a combined aggregate limit of up to RM500.0M collectively are referred to as Sukuk Wakalah. Please refer to the OTC attached for the details on the utilisation of proceeds by the Issuer.