3 days ago
Maybank Underwrites RM2.5 Bln For Dayone's Green Data Centres In JS-SEZ
KUALA LUMPUR, June 11 (Bernama) -- Maybank is underwriting RM2.5 billion, which is one-third and the largest share of the biggest syndicated Islamic financing for data centres in Asia Pacific, to support DayOne Data Centers (DayOne) green data centres in the Johor-Singapore Special Economic Zone (JS-SEZ).
This onshore ringgit Islamic tranche amounting to RM7.5 billion, and an equivalent US Dollar-denominated offshore conventional tranche, form a five-year, dual-currency green financing package totalling RM15 billion.
The borrower, WG Data Hub Sdn Bhd, a wholly owned subsidiary of DayOne, shall use the proceeds to develop data centres of Leadership in Energy and Environmental Design (LEED) Gold-certified and above. LEED is an internationally recognised and globally utilised green building certification system.
