The SLL is StarHub’s maiden SLL, and CIMB’s first since announcing in January 2020 that it is committing RM3 billion to SLL for corporate borrowers.
KUALA LUMPUR, Sept 18 (Bernama) — CIMB Bank Berhad (“CIMB” or “the Bank”) has entered into an RM270 million sustainability-linked term loan facility agreement with Malaren International Sdn. Bhd., a subsidiary of StarHub Group (“StarHub”), a leading Singapore provider of communications, information and entertainment services. This marks the Bank’s first sustainability-linked loan (“SLL”) since announcing its SLL offering in January 2020, with a commitment of RM3 billion to SLL for corporate borrowers. The SLL also marks StarHub’s maiden loan linked to sustainability performance targets.
