Axiata Completes World’s First Sustainability-Linked Islamic Syndicated Financing Facility Worth USD 800 Million

Axiata Group Berhad (Axiata) has completed the world’s first ever syndicated multi-currency Shariah-compliant sustainability-linked financing facilities worth USD 800 million, marking a major milestone for Axiata, according to the Axiata’s President and Chief Executive Officer, Tan Sri Jamaludin Ibrahim.

Ibrahim stated that Axiata’s latest financing move showcases its approach towards business operations and financing avenues to deliver long-term growth and sustainable performance while adding that Axiata will continue to be guided by international best practices and sustainability principles.

In addition to the diversification of funding alternatives, Axiata said t...