Issuance Of Senior Sukuk ("Sukuk Musharakah") Pursuant To A Senior Sukuk Programme ("Senior Sukuk Programme") Under The Islamic Principle Of Musharakah, Of Which The Aggregate Nominal Value Of Outstanding Sukuk Musharakah And Perpetual Subordinated Sukuk Issued Under A Perpetual Subordinated Sukuk Programme Will Not Exceed Rm2.5 Billion At Any One Time

MAHB is pleased to announce that that the Company has, on 6 November 2020, successfully issued the Sukuk Musharakah of RM700.0 million in nominal value (“Sukuk Issuance”) from its Senior Sukuk Programme, with the following salient terms:

The Senior Sukuk Programme has been assigned a credit rating of “AAA” with a stable outlook by RAM Rating Services Berhad and the proceeds from the Sukuk Issuance shall be utilised by the Company for working capital requirements, general investments and/or refinancing of any borrowings/financing of MAHB and/or its subsidiaries, which are Shariah-compliant.

The Sukuk Issuance represents a re-tap in the debt capital markets by MAHB since its last issuance in 2014. Despite challenging market conditions, MAHB successfully tightened the final price of the Sukuk Musharakah from the initial price guidance and the Sukuk Musharakah was subsequently upsized from the initial target issue size of RM500.0 million to RM700.0 million. The Sukuk Issuance also marks the longest ever dated/tenure issued and the lowest ever profit rates achieved under its Senior Sukuk Programme.

HSBC Amanah Malaysia Berhad and Maybank Investment Bank Berhad are the Joint Lead Managers for the Sukuk Issuance.

This announcement is dated 6 November 2020.

Announcement Info