UOB Malaysia Prices and Places EXSIM Group's RM365m Green Sukuk

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  • 11 Dec 2023
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UOB Malaysia Prices and Places EXSIM Group's RM365m Green Sukuk

UOB Malaysia has announced the pricing and private placement of EXSIM Group’s RM365 million four-year Asean Green Sustainable and Responsible Investment (SRI) Sukuk Musharakah.The bank is the lead arranger and lead manager for the property developer's maiden green issuance under the newly established Asean SRI Sukuk Framework. The sukuk surpassed its issuance size by over 3.9 times, and the issuance includes support from unrated Islamic commercial papers totalling RM85 million.

Source: The Edge