KUALA LUMPUR: Pengurusan Air Selangor Sdn Bhd has successfully priced the world’s first blue sukuk and Malaysia’s first blue bond/sukuk issuance, with a nominal value of RM200 million.
The Blue SRI Sukuk Kelestarian, which carries a 15-year tenor, will be issued under Air Selangor’s RM20 billion Islamic medium-term notes programme.
In a joint statement today, Air Selangor and CIMB Group Holdings Bhd
said the landmark issuance represents a significant milestone in the evolution of sustainable water financing in Malaysia’s capital market.
They said it also reflects Air Selangor’s commitment to mobilising sustainable financing for projects that deliver measurable environmental impact.
Air Selangor chief executive officer Adam Saffian Ghazali said resilient water infrastructure requires long-term investment supported by sustainable financing.
"This world’s first blue sukuk reflects our commitment to advancing innovative financing solutions that strengthen water security, protect natural resources and create long-term value for the communities we serve,” he said.
CIMB Investment Bank chief executive officer Nor Masliza Sulaiman said the milestone demonstrates CIMB’s strength as a capital markets arranger and sustainability partner.
"We hope this landmark issuance will accelerate the adoption of blue finance across Malaysia and the region, supporting greater mobilisation of capital towards water security, environmental resilience and sustainable development,” she said.
CIMB Investment Bank acted as the sole sustainability structuring adviser and sole lead manager for the transaction. - Bernama
