Gamuda Water vehicle issues SPLASH receivables-backed bonds

Gamuda Water vehicle issues SPLASH receivables-backed bonds

The Edge Markets - Malaysia·2020-12-04 15:01

KUALA LUMPUR (Dec 4): Gamuda Bhd subsidiary Gamuda Water Sdn Bhd's vehicle Glacier Assets Bhd (issuer) has proposed to issue RM630 million worth of senior notes, which will be backed by receivables due from Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH), according to RAM Rating Services Bhd (RAM Ratings).

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