MoneyMax Financial Services Ltd. said on Jun, 25 2026 that its wholly owned unit, MoneyMax Treasure Sdn. Bhd., has issued the first 200 million Singapore dollars tranche of a 500 million Singapore dollars medium-term note programme first announced on Jun, 18 2026.
The unsecured notes carry a 5.70% annual coupon, pay interest semi-annually, have a three-year tenor and mature on Jun, 25 2029. Kenanga Investment Bank Berhad is acting as principal adviser, lead arranger, lead manager and facility agent. The notes have been assigned final ratings of AA-(cg) / MARC-1(cg) and will not be offered in Singapore.
Proceeds will be used to fund a trustee reimbursement account, meet a minimum required balance, cover programme expenses and provide working capital for the COSB Group.