Maybank Extends US$150 Million Sustainability-Linked Loan to AT&S Malaysia

Malayan Banking Bhd (Maybank) has extended a sustainability-linked loan (SLL) valued at US$150 million to Austria Technologie & Systemtechnik Malaysia Sdn Bhd (AT&S), marking a significant milestone in sustainable finance for the region.

In an official statement, Maybank confirmed that the facility represents the first SLL issued by a Malaysian and Southeast Asian commercial bank to AT&S. It is also the inaugural SLL extended by a domestic financial institution to a multinational corporation operating within Malaysia’s semiconductor industry.

The loan will support the development of AT&S’s first high-end integrated circuit substrate manufacturing facility located in the Kulim Hi-Tech Park, Kedah. The project will incorporate advanced equipment and closed-loop recycling systems, in line with AT&S’s rigorous sustainable energy framework.

Embedded in the SLL are environmental performance targets, including a commitment by AT&S to reduce its annual greenhouse gas emissions by 31% by 31 March 2028, benchmarked against its financial year 2022 levels.

Maybank stated that this financing aligns with its broader strategy to mobilise sustainable finance and contribute to regional decarbonisation efforts, particularly in high-growth sectors such as semiconductors.

-Bernama

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