Axiata president and group chief executive officer Tan Sri Jamaludin Ibrahim (pic) said: “Our commitment towards compliance and sustainability is now further incentivised by direct contribution towards our bottom-line through this innovative financing mechanism that recognises and rewards Axiata for meeting sustainability performance targets.”
PETALING JAYA: Axiata Group Bhd
has completed the first-of-its-kind syndicated multi-currency syariah-compliant sustainability-linked financing facilities of US$800mil (about RM3.5bil) syndicated financing.
In a statement, the regional telecommunications company said the syndicated financing is the first sustainability-linked Islamic syndicated financing effort undertaken in Malaysia and globally.
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