Mercedes-Benz Services Malaysia Sdn Bhd, established in Malaysia, functions as a subsidiary of the renowned German automotive manufacturer, Daimler AG. The company specializes in providing financial services, including vehicle financing, leasing solutions, and insurance products tailored for both retail and commercial customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MBGGR 3.95% 2026-08-28 MYRMercedes-Benz Services Malaysia Sdn Bhd | Malaysia | 2026-08-28 | 3.950 | 3.51 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since initiating its bond issuance program in 2013, Mercedes-Benz Services Malaysia has made significant strides in the Malaysian debt market. Notably, its 2021 issuance of MYR 500 million 5-year bonds showcased favorable reception, with yields competitive against local benchmarks at around 3.1%. This issuance was aimed at refinancing existing debts and supporting further growth in their financial operations. Recent reports indicate continued interest in their bonds, highlighting strong investor confidence in the financing division's creditworthiness, bolstered by the larger Daimler AG's reputation.