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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

CIMB , SDG , bond , Zafrul Aziz , CEO ,

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Inari switches gear to remain relevant
InNature diversifies into the F&B industry
New capacity in the pipeline
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Coordinated approach crucial to strengthen SMEs
CIMB Securities eyes larger market share

Others Also Read