KUALA LUMPUR: Affin Group made its debut in the US dollar bond market with the issuance of the senior unsecured notes with a nominal value of US$300 million (RM1.27 billion) under its US$2 billion (RM8.46 billion) euro medium term note (EMTN) programme.

The bank said in a statement today that the issuance follows the establishment of the EMTN programme and Affin’s recent inaugural international credit rating of A3 (Stable) from Moody’s Investor Services, Inc.

"The notes were priced at 105 basis points (bps) over the five-year US Treasury yield, offering a fixed rate of 5.112 per cent per annum and rated A3 (Stable) by Moody’s Investor Services Inc, affirming the bank’s robust credit profile and stable outlook.