Others

Back Apr 14, 2017
Type Announcement
Subject OTHERS
Description

DIGI.COM BERHAD ("DIGI.COM") ISSUANCE OF ISLAMIC MEDIUM TERM NOTES ("IMTN") UNDER THE IMTN PROGRAMME OF UP TO RM5.0 BILLION IN NOMINAL VALUE ("IMTN PROGRAMME") AND AN ISLAMIC COMMERCIAL PAPERS ("ICP") PROGRAMME OF UP TO RM1.0 BILLION IN NOMINAL VALUE ("ICP PROGRAMME"), WHICH TOGETHER HAVE A COMBINED LIMIT OF UP TO RM5.0 BILLION IN NOMINAL VALUE BY DIGI TELECOMMUNICATIONS SDN BHD ("DIGITEL") ("SUKUK PROGRAMMES")

We refer to the announcement dated 14 February 2017 in relation to the Sukuk Programmes.

Digi.Com is pleased to announce that its wholly-owned subsidiary, Digitel, has today issued the first series of IMTN amounting to RM900.0 million in nominal value pursuant to the IMTN Programme (“First Series IMTN”).

The salient terms of the First Series IMTN are set out below:

 

Tranche 001

Tranche 002

Tranche 003

Issue Size :

RM300.0 million

RM300.0 million

RM300.0 million

Issue Price :

100% of the Issue Size

100% of the Issue Size

100% of the Issue Size

Tenure :

5 years

7 years

10 years

Yield-to-Maturity :

4.38% p.a.

4.53% p.a.

4.65% p.a.

Profit rate :

4.38% p.a.

4.53% p.a.

4.65% p.a.

In accordance with the terms of the IMTN Programme, proceeds from the First Series IMTN shall be utilised for general corporate purposes of Digitel and/or its subsidiaries which shall be Shariah-compliant. CIMB Investment Bank Berhad (“CIMB”) is the Sole Principal Adviser and Sole Lead Arranger whilst CIMB Islamic Bank Berhad is the Sole Shariah Adviser to the Sukuk Programmes. CIMB, RHB Investment Bank Berhad and Bank of Tokyo Mitsubishi UFJ (Malaysia) Berhad are Joint Lead Managers to the First Series IMTN.

The First Series IMTN will not have any effect on the issued share capital of Digi.Com and the shareholdings of substantial shareholders of Digi.Com. The First Series IMTN is not expected to have any material effect on the consolidated earnings, earnings per share and net assets per share of Digi.Com.

This announcement is dated 14 April 2017.

 


Announcement Info

Company Name DIGI.COM BERHAD
Stock Name DIGI
Date Announced 14 Apr 2017
Category General Announcement for PLC
Reference Number GA1-12042017-00035