KUALA LUMPUR, Malaysia, Dec 11 (Bernama) — UOB Malaysia today announced the successful pricing and private placement of EXSIM Group’s RM365 million four-year ASEAN Green Sustainable and Responsible Investment (SRI) Sukuk Musharakah. This is EXSIM’s inaugural green issuance under the newly-established ASEAN SRI Sukuk Framework, and UOB Malaysia is the Lead Arranger and Lead Manager for this transaction.
The ASEAN Green SRI Sukuk Musharakah, rated AA3 with a stable outlook by RAM Holdings Berhad, was also supported by unrated Islamic Commercial Papers amounting to RM85 million. The issuance received overwhelming response from investors, with total order exceeding 3.9 times its issuance size.