Maybank Investment Bank (Maybank IB) continues to stamp its leadership in the Malaysian debt market by simultaneously topping all four categories at the RAM League Awards 2023 soon after winning Best Bond House in the International Financing Review (IFR) Asia Awards 2022.
The RAM League Awards 2023, announced today (April 14), saw Maybank IB leading the RAM League Tables with 10 issues totalling RM13.37 billion whilst for sukuk it arranged 8 issues at a total programme value of RM12.57 billion last year for overall corporate bonds and sukuk.
Earlier, IFR highlighted Maybank IB’s ability to bring new issuers to the market thus expanding the range of sectors available to investors. One of these was edotco Group’s maiden sukuk that was upsized to RM1.4 billion from RM1 billion. Maybank IB was joint principal adviser, joint lead arranger, joint lead manager and joint sustainability structuring adviser for the sukuk programme.
Another standout deal was Sarawak Petchem’s RM4 billion sukuk, Malaysia’s largest greenfield project financing in the bond market since 2018, for which Maybank IB acted as joint lead principal adviser, joint lead arranger and joint lead manager.
Maybank Investment Bank Chief Executive Officer Dato’ Fad’l Mohamed (pic, right) said: “This achievement further solidifies our leadership in debt capital markets and is instrumental as we celebrate Maybank IB’s 50th anniversary this year. We will continue to be at the forefront of product innovation and ideation for our clients, with a focus on ESG. As the first local investment bank to set up a dedicated Sustainable Finance team back in 2021, we are fully committed to supporting our clients’ transition journey.
“For this year, we continue to see strong demand from investors for sustainability offerings, and we anticipate that corporates would continue to tap our capital markets given ample liquidity, better pricing transparency and the ability to lock in long term to match their cash flows,” he added.
