JPG Issues Its First Sukuk Of RM1.35 Billion
JPG Issues Its First Sukuk Of RM1.35 Billion
Structured on the Shariah principle of Wakalah Bi Al-Istithmar, the issuance marks the world's first Sustainability-Linked Sukuk in the plantation sector, and also the first rated Sukuk under the Sustainable and Responsible Investment (SRI) Linked Sukuk Guidelines by the Securities Commission in Malaysia. The Sukuk features a one-way upward adjustment to its profit rates linked to JPG's achievement of pre-determined sustainability performance targets. The targets include 50% carbon intensityJohor Plantations Group Berhad announced that it has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value (Sukuk Issuance) from its Sukuk Wakalah Programmes.
柔佛種植集團宣佈成功發行了其首筆13.5億令吉的Sukuk Wakalah（Sukuk發行），來自其Sukuk Wakalah計劃。
With this Sukuk issuance, JPG said it will see a significant reduction in its annual interest expenses. The blended profit rate for the RM1.3 billion IMTN (Islamic Medium-Term Notes) issuance is set at 4.08%, compared to an average of 5.12% on existing facilities. This translates to an approximate saving of RM12.8 million annually, improving the group's cash flow and enhancing profitability.
通過此Sukuk發行，JPG表示將顯著減少其年度利息支出。13億令吉IMTN（伊斯蘭中期票據）發行的綜合利率設定爲4.08%，而現有融資的平均利率爲5.12%。這意味着每年將節省大約1280萬令吉，改善集團的現金流量並增強盈利能力。
Upon repayment of the Islamic Syndicated Term Financing (STF-i) of RM1.5 billion and the Islamic Term Financing (TF-i) of RM500 million, collateral valued at RM2.4 billion will be released.The proceeds from the Issuance it said will be used for Shariah-compliant purposes, including refinancing its existing and future Shariah-compliant borrowings, supporting working capital, investments and capital expenditure as well as covering fees and expenses related to establishing the Sukuk Wakalah
Programmes.
償還15億令吉的伊斯蘭銀團貸款（STF-i）和50000萬令吉的伊斯蘭貸款（TF-i）後，價值24億令吉的抵押品將被釋放。據稱，發行所得將用於符合伊斯蘭教規的目的，包括再融資其現有和未來的符合伊斯蘭教規借款，支持投資和資本支出以及支付與建立Sukuk Wakalah相關的費用和支出。 營運資本，投資和資本支出以及涵蓋與建立Sukuk Wakalah相關的費用和支出。
計劃。
Structured on the Shariah principle of Wakalah Bi Al-Istithmar, the issuance marks the world's first Sustainability-Linked Sukuk in the plantation sector, and also the first rated Sukuk under the Sustainable and Responsible Investment (SRI) Linked Sukuk Guidelines by the Securities Commission in Malaysia. The Sukuk features a one-way upward adjustment to its profit rates linked to JPG's achievement of pre-determined sustainability performance targets. The targets include 50% carbon intensity
reduction (Scope 1 and 2) against its 2012 baseline, 100% traceability to fresh fruit bunches (FFB) suppliers by 2025 and annual water consumption of 1.2 cubic meters per metric tonne FFB and below.
以Wakalah Bi Al-Istithmar Shariah原則構建，該發行標誌着世界首個種植板塊以可持續發展爲核心的Sukuk，也是馬來西亞證券委員會Sustainable and Responsible Investment（SRI）Linked Sukuk指導原則下首個評級Sukuk。該Sukuk特點是其利潤率與JPG實現的預定可持續表現目標之間單向上調關聯。這些目標包括其2012年基準的碳強度減少50%，到2025年對新鮮果穗（FFB）供應商的百分之百追溯，以及每噸FFB的年用水量爲1.2立方米及以下。
減少（範圍1和2）50%，實現這些目標包括其2012年基準的碳強度減少50%，到2025年對新鮮果穗（FFB）供應商的百分之百追溯，以及每噸FFB的年用水量爲1.2立方米及以下。
Maybank Investment Bank acted as the Sole Principal Adviser, Sole Sustainability Structuring Adviser, Joint Lead Arranger and Joint Lead Manager for the Sukuk Issuance. nce, exceeding our 2025 target of RM80 billion."
馬來亞銀行投資銀行擔任本次Sukuk發行的唯一首席顧問、獨家可持續性結構顧問、共同主承銷商和共同主承銷商，超過我們2025年的800億令吉目標。
譯文內容由第三人軟體翻譯。
