Hong Leong Bank Berhad ( "HLB" ) has completed its inaugural US dollar senior unsecured notes issuance of USD300 million (the " Senior Notes ") under its Euro Medium Term Note Programme of up to USD1.5 billion (or its equivalent in other currencies) in nominal value (the "Programme" ) which was established on 9 April 2012 .

The Senior Notes are rated A3 by Moody's Investors Service and BBB+ by Fitch Ratings. The Senior Notes will have a tenor of five years, maturing on April 19, 2017. The Senior Notes will pay a coupon of 3.125% per annum which is equivalent to a yield to investors of 3.269% (5-year US Treasury + 238bps).

"We are very pleased that the Senior Notes received an overwhelming response from a wide array of investors, with an orderbook that was 4.3 times oversubscribed." says Datuk Yvonne Chia, the Group Managing Director of Hong Leong Bank Berhad.

"The success of the transaction is also a reflection of investors' confidence in Hong Leong Bank and our business model. Clearly, this success reflects very well on the financial resilience and credit strengths, as well as the strong liquidity franchise of Hong Leong Bank. Overall, we are very pleased with the results and the efforts by the Dealers" adds Datuk Yvonne Chia.

The net proceeds from the Programme will be utilised for general working capital and other corporate purposes. The Senior Notes will be listed on the Singapore Exchange Securities Trading Limited.

Citigroup Global Markets Limited, HL Bank, Mitsubishi UFJ Securities International plc and The Royal Bank of Scotland plc are Arrangers and Dealers for the Programme.-END-Press Release - 20/04/2012