AT&S Austria Technologie & Systemtechnik AG has secured a significant financing agreement with Maybank, marking a milestone as the first sustainability-linked loan (SLL) provided by a Southeast Asian bank to AT&S. The loan, amounting to $150 million, is tied to sustainability parameters and is a testament to Maybank's commitment to sustainable financing and AT&S's progress in decarbonization. This groundbreaking transaction is also the first of its kind provided by a local financial institution to a multinational entity in Malaysia's semiconductor sector. It complements a previous loan agreement with the International Finance Corporation (IFC) for $250 million, finalizing the parallel loan arrangement under the same agreement. AT&S, a leader in high-end printed circuit boards and IC substrates, continues to expand its investment in Malaysia, aligning with the country's National Semiconductor Strategy and its New Industrial Master Plan.
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