Investors will be watching
KUALA LUMPUR: Elk-Desa Resources Bhd
, a non-bank lender in the used-car segment, has announced the establishment of a medium term notes (MTN) programme of up to RM1bil in nominal value via Premier Auto Assets Bhd.
It said in a statement that the MTN programme would have a tenure of 10 years, adding that Premier Auto may periodically issue MTNs of various tenures up to an aggregate limit of RM1bil.
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