DNB raises RM5.2bil from Islamic loan for next 5G phase
KUALA LUMPUR: Digital Nasional Bhd (DNB) has completed a RM5.2 billion syndicated Islamic term financing exercise, one of the largest syndicated loan facilities arranged for an unlisted Malaysian company.
Malaysia's Digital Nasional Bhd (DNB) has successfully raised RM5.2 billion through a syndicated Islamic term loan, marking one of the largest facilities for an unlisted Malaysian company. This financing, arranged by Maybank Investment Bank Bhd, comes as DNB gears up for the next phase of Malaysia's dual 5G network framework. The funds will support MoF Inc's planned exit as an ordinary shareholder, facilitate the transition to equal ownership among DNB's MNO shareholders, and refinance an expired government guarantee revolving credit facility.
DNB will retain a special share to safeguard national interests and oversee key strategic matters. The expanded spectrum holding of 500MHz, coupled with the assignment from the Malaysian Communications and Multimedia Commission, will boost network capacity, efficiency, and performance. These enhancements will support faster speeds, lower latency, and improved customer experience, enabling the deployment of advanced 5G technologies.
DNB CEO Datuk Azman Ismail highlighted that the successful financing reflects confidence in the company's business fundamentals and long-term role in Malaysia's digital economy.
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