Malaysia's Axiata secures $800m in Islamic financing for sustainability initiatives

Malaysia's Axiata secures $800m in Islamic financing for sustainability initiatives

Malaysia’s Axiata Group Bhd has secured a total of $800 million in syndicated multi-currency Islamic financing facilities for its sustainability-linked initiatives, the company said in a statement on Monday.

The financing arrangement was led by OCBC Al-Amin Bank Bhd while a unit of Oversea-Chinese Banking Corporation Limited, Maybank Islamic Bank Bhd and MUFG Bank (Malaysia) Bhd was also financiers.

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