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Maybank issues 500M yuan of notes

MalayanBanking Bhd., or Maybank, raised 500 million yuan via a noteoffering.

The bank said July 18 that the fixed-rate notes were pricedwith a coupon of 4% per year and are due in 2019. Thenotes were issued the same day and listed on July 19.

Maybank Kim Eng Securities and Credit Agricole Corporate andInvestment Bank acted as lead managers and bookrunners for the issuance.

As of July 19, US$1was equivalent to 6.70 Chinese yuan.