Malaysia's DNB secures $1.27bn for next phase of 5G rollout

Digital Nasional Berhad has raised 5.2 billion Malaysian ringgit (US$1.27 billion) in syndicated Islamic term financing to fund the next phase of its 5G rollout. DNB also activated the full 100MHz of F0 spectrum and converted its 240MHz holding to a Spectrum Assignment.

• Financing totals 5.2 billion ringgit (US$1.27 billion)
• Maybank acted as mandated lead arranger and bookrunner
• Full 100MHz F0 spectrum activated; 240MHz converted to Spectrum Assignment
• CelcomDigi, Maxis and YTL each hold 22.94% of DNB; MOF holds 31.18%