Maybank Singapore extends US$100mil sustainability-linked RCF-i TO AET

KUALA LUMPUR: Maybank Singapore has extended a US$100 million (US$1=RM4.66) sustainability-linked Islamic revolving credit facility (RCF-i) to AET, a global owner and operator of maritime transportation assets and specialised services.

This landmark transaction marks the first of such facility in the shipping industry in Southeast Asia, demonstrating both Maybank and AET’s commitments to net-zero greenhouse gas (GHG) emissions, Maybank said.