What specific sustainability projects will TNB fund with the RM4 billion sukuk?

Question

## TNB's RM4 Billion Sustainability Sukuk Allocation Remains Undisclosed

Accepted Answer

Tenaga Nasional Bhd (TNB) has successfully issued RM4 billion in Sustainability Sukuk Wakalah, the first under its Sukuk Wakalah Programme. However, the specific sustainability projects that will be financed by these funds have not been detailed in the available information. The issuance was structured into five tranches with varying tenures and distribution rates, ranging from seven to 25 years.

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What specific sustainability projects will TNB fund with the RM4 billion sukuk?

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