TNB Genco has established its inaugural Sukuk Wakalah Programme of up to RM10.0 billion in nominal value. The Sukuk Wakalah Programme will give TNB Genco the flexibility to issue both Sukuk Wakalah and Sustainability Sukuk Wakalah.
The TNB Genco Sustainability Sukuk Framework, launched in April 2022, governs the issuance of Sustainability Sukuk Wakalah by TNB Genco. The framework reinforces TNB Genco’s role in upholding TNB’s sustainability pillars in becoming a socially and environmentally responsible organization and the achievement of the selected UN SDGs.
MARC Ratings Berhad (“MARC”) as the independent external reviewer has assigned a “Gold” rating to TNB Genco Sustainability Sukuk Framework.
Find out more about TNB Genco’s Sustainability Sukuk Framework and MARC’s Sustainability Sukuk Framework Assessment here: