on AT&S Austria Technologie & Systemtechnik AG (ETR:AUS)
Maybank Grants $150 Million Sustainability-Linked Loan to AT&S
Maybank has announced a $150 million Sustainability-Linked Loan (SLL) to AT&S Malaysia, marking the first such loan from a Southeast Asian bank to the Austrian technology company. This transaction highlights Maybank’s commitment to sustainable finance and AT&S’s decarbonization initiatives. The loan supports AT&S's new IC substrate plant in Malaysia, featuring advanced recycling systems and aligning with AT&S's sustainability framework.
The plant aims to meet the increasing demand for high-performance data processors and AI infrastructure. By committing over $1 billion, AT&S marks its largest investment in Malaysia, intending to reduce greenhouse gas emissions by 31% by 2028. Maybank CEO Dato' John Chong praised the deal as a key development in the Southeast Asian semiconductor value chain, while also strengthening collaboration with the International Finance Corporation.
R. P.
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