Maybank, OCBC jointly arrange RM1.1bil Islamic term financing for YTL green project

Malayan Banking Bhd and OCBC Bank (M) Bhd are the joint mandated lead arrangers for a RM1.10bil Islamic term financing facility granted to YTL Power International Bhd’s unit YTL DC South Sdn Bhd (YTL DC).

Maybank global banking group chief executive officer Datuk Muzaffar Hisham said: “As one of the key relationship banks to YTL, we are pleased to extend our banking support towards YTL’s first green financing facility in an effort to assist in the YTL Group’s sustainability agenda for a low carbon and climate resilient transition which shall accelerate YTL’s aspirations of achieving carbon neutrality by 2050.”

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