MALAYAN BANKING BERHAD — Capital/Financing Update 2026

May 12, 2026

OTHERS ISSUANCE OF TIER 2 SUBORDINATED SUKUK MURABAHAH OF RM1.2 BILLION IN AGGREGATE NOMINAL VALUE UNDER THE SUKUK PROGRAMME OF UP TO RM30.0 BILLION (UPSIZED FROM RM10.0 BILLION) IN NOMINAL VALUE ("SUKUK PROGRAMME")

MALAYAN BANKING BERHAD

TypeAnnouncementSubjectOTHERS

Description

ISSUANCE OF TIER 2 SUBORDINATED SUKUK MURABAHAH OF RM1.2 BILLION IN AGGREGATE NOMINAL VALUE UNDER THE SUKUK PROGRAMME OF UP TO RM30.0 BILLION (UPSIZED FROM RM10.0 BILLION) IN NOMINAL VALUE ("SUKUK PROGRAMME")

We refer to our earlier announcement dated 14 December 2016 in relation to the establishment of the Sukuk Programme, the announcement dated 25 September 2019 in relation to the revision of the Sukuk Programme and the announcement dated 5 August 2021 in relation to the upsizing and further revision to the Sukuk Programme.

On behalf of the Board of Directors of Malayan Banking Berhad ("Maybank"), Maybank Investment Bank Berhad is pleased to announce that Maybank has, on 13 May 2026, completed the issuance of  the RM1.2 billion Subordinated Sukuk Murabahah under the Sukuk Programme.

The issuance details are summarized as follows:

(a)	Issuer	:	Malayan Banking Berhad
(b)	Issue Date	:	13 May 2026
(c)	Series No.	:	014	015	016
(d)	Nominal Amount	:	RM240,000,000.00	RM310,000,000.00	RM650,000,000.00
(e)	Tenure	:	10 years on a 10 non-callable 5 basis	12 years on a 12 non-callable 7 basis	15 years on a 15 non-callable 10 basis
(f)	Maturity Date	:	13 May 2036	13 May 2038	13 May 2041
(g)	Call Date	:	Callable on the fifth (5th) anniversary date from the Issue Date and on every periodic profit payment date thereafter with the first call date on 13 May 2031.	Callable on the seventh (7th) anniversary date from the Issue Date and on every periodic profit payment date thereafter with the first call date on 13 May 2033.	Callable on the tenth (10th) anniversary date from the Issue Date and on every periodic profit payment date thereafter with the first call date on 13 May 2036.
(h)	Yield-to-Maturity / Initial Profit Rate	:	3.78% p.a.	3.87% p.a.	3.95% p.a.
(i)	Details on Utilisation of Proceeds	:	The proceeds from the Subordinated Sukuk Murabahah issued under the Sukuk Programme will be applied for the following Shariah-compliant purposes: (i)   to fund the Issuer's investments in Ringgit-denominated and foreign currency-denominated Islamic financial instruments approved by Bank Negara Malaysia's Shariah Advisory Council or the Securities Commission Malaysia's  Shariah Advisory Council; (ii)   funding of Islamic business activity of the Issuer's subsidiaries and overseas branches; and (iii)   any other Shariah-compliant business activities of the Issuer, where the returns from such investments shall be used for the periodic profit payment of the Subordinated Sukuk Murabahah. In addition, any such returns with an amount higher than the periodic profit payment (at that point in time) can be used for purposes as per items (i), (ii) and (iii) of this section (Utilisation of Proceeds).
(j)	Rating	:	AA1 / Stable by RAM Rating Services Berhad
(k)	Periodic Payment Period	:	Semi-annual

The RM1.2 billion Subordinated Sukuk Murabahah will qualify as Tier 2 capital of Maybank in accordance with Bank Negara Malaysia's Policy Document on Capital Adequacy Framework (Capital Components) issued on 14 June 2024.

This announcement is dated 13 May 2026. 

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Announcement Info

Company Name	MALAYAN BANKING BERHAD
Stock Name	MAYBANK
Date Announced	13 May 2026
Category	General Announcement for PLC
Reference Number	GA1-13052026-00043