CIMB to issue US$680mil SDG bond

CIMB group chief executive officer Tengku Datuk Seri Zafrul Aziz(pic) said the group was pleased with the success of its maiden SDG Bond transaction, as it aimed to be a catalyst for real action and a visible shaper of sustainability practices in the region.

PETALING JAYA: CIMB Bank Bhd will be issuing a US$680mil Sustainable Development Goals (SDG) bond, making it the international capital market’s first issuer from the Asean region

The bank, which recently priced its Formosa & Reg S SDG bond, said the bond would also be the first to be issued in the Formosa market.