EQS-News: AT&S Austria Technologie & Systemtechnik AG / Key word(s):
Financing
Maybank Becomes First Southeast Asian Bank to Grant Sustainability-Linked
Loan to Austria’s AT&S
14.07.2025 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
Maybank Becomes First Southeast Asian Bank to Grant Sustainability-Linked
Loan to Austria’s AT&S
• The transaction underscores Maybank’s continued advancement in
sustainable finance, and AT&S’ decarbonization efforts
Kuala Lumpur, Singapore, Vienna – Maybank announced it is granting a
Sustainability-Linked Loan (SLL) amounting to USD150 million to Austria
Technologie & Systemtechnik Malaysia (AT&S Malaysia). This landmark
transaction marks the first SLL issued by a Malaysian and Southeast Asian
commercial bank to AT&S, and notably the first such facility by a local
lender to a multinational company in Malaysia’s semiconductor sector. This
deal follows a USD250 million loan provided to AT&S Malaysia by
International Finance Corporation (IFC) in March 2025 and concludes the
parallel loan arranged by IFC under the same agreement.
AT&S Malaysia is the subsidiary of Austria Technologie & Systemtechnik
Aktiengesellschaft (AT&S), a public listed company in Vienna and a leading
global manufacturer of high-end printed circuit boards (PCB) and
integrated circuit (IC) substrates.
The said financing will support the development of AT&S’ first high-end IC
substrate plant in Kulim Hi-Tech Park, Malaysia, that will include
state-of-the-art equipment and closed-loop recycling systems, adhering to
AT&S’ comprehensive sustainable energy framework. The facility will
produce advanced IC substrates, essential components to meet surging
demand for high-performance data processors, data centres, and AI
infrastructure. Its clients include among others, AMD for data centre
processors. With over USD1 billion committed to Malaysia, this represents
AT&S Group’s largest initial investment.
The targets attached to the SLL include reducing annual greenhouse gas
emissions by 31% by March 31, 2028, using the base year 2022 as the
baseline.
Dato' John Chong, Group Chief Executive Officer, Global Banking of Maybank
said, “We are pleased to back AT&S in developing its first IC substrate
facility in Kulim that further strengthens Malaysia’s role in the global
semiconductor value chain. The financing aligns with our strategic focus
on the semiconductor ecosystem in Southeast Asia where we have identified
financing opportunities. The SLL structure also strengthens our commitment
to mobilizing sustainable finance and powering the region’s green
transition. This transaction is also a reaffirmation of our growing
collaboration with the International Finance Corporation.” From 2021 to
the end of Q1 2025, Maybank mobilized RM125.46 billion in sustainable
finance across ASEAN, surpassing its RM80 billion target by 2025.
Petra Preining, Chief Financial Officer, AT&S said, “We welcome Maybank as
a valued financing partner in our investment in the Kulim facility. This
transaction is a milestone for both Maybank and AT&S as it represents the
first time AT&S has raised financing at its Malaysian subsidiary level.”
“Our sizeable investment of over USD1 billion in Malaysia follows the
demand from our global clients, and reflects our confidence in Malaysia’s
semiconductor ecosystem and its growth trajectory. It also aligns with the
ambitions of Malaysia’s National Semiconductor Strategy and the New
Industrial Master Plan 2030 to position the country as a leading hub for
advanced manufacturing,” said Michael Mertin, President and CEO, AT&S.
“For AT&S the new facility is an important foundation for our profitable
growth path based on superior technology, experience and our global
leading customers.”
AT&S ranks sixth in high-end PCBs market and fifth in IC substrates market
globally in terms of revenue. The company is also the only non-Asian
company producing IC-substrates in significant volumes and one of two
non-Asian companies among the top 50 PCB companies in the world.
AT&S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced
Technologies & Solutions
AT&S is a leading global manufacturer of high-end IC substrates and
printed circuit boards. AT&S industrializes leading-edge technologies for
its core business segments Mobile Devices & Substrates, Automotive &
Aerospace, Industrial and Medical and high-performance computing for VR
and AI applications. AT&S has a global presence with production sites in
Austria (Leoben, Fehring) as well as plants in India (Nanjangud) and China
(Shanghai, Chongqing). In Malaysia (Kulim) a new high-end production site
for IC substrates has been established, with high volume manufacturing
starting in early 2025. In Leoben, AT&S built Europe’s first Competence
Center for R&D and IC Substrate Production, which was opened in June 2025.
Both sites started production in the financial year 2024/25. The company
employs around 13,000 people worldwide. For further information visit
(1)www.ats.net
About Maybank
Maybank is among Asia's leading financial groups and Southeast Asia’s
fourth largest bank by asset with close to 44,000 employees worldwide. The
Group has an international network of some 2,600 offices in 18 countries
including all 10 ASEAN countries and also present in international
financial centres such as London, New York, Hong Kong and Dubai. With a
purpose to Humanise Financial Services and guided by its M25+ strategy,
Maybank provides an array of values-based solutions established on
sustainable and ethical principles to meet its customers evolving needs.
These extensive range of products and services, include consumer and
corporate banking, transaction banking, investment banking, stockbroking,
Islamic banking, insurance and takaful and asset management.
((2)www.maybank.com)
Media download:
In the AT&S media portal (3)https://ats.canto.de/v/press you will find
constantly updated picture material on AT&S.
══════════════════════════════════════════════════════════════════════════
14.07.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
══════════════════════════════════════════════════════════════════════════
Language: English
Company: AT&S Austria Technologie & Systemtechnik AG
Fabriksgasse 13
8700 Leoben
Austria
Phone: +43 (1) 3842200-0
E-mail: ir@ats.net
Internet: www.ats.net
ISIN: AT0000969985, AT0000A09S02
WKN: 922230
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Vienna Stock Exchange (Official Market)
EQS News ID: 2168890
End of News EQS News Service
2168890 14.07.2025 CET/CEST
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2168890&application_name=news&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf
References
Visible links
1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=0f51707980ec28aa6913e5887cb44c51&application_id=2168890&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=4f9be6cd8c1813b3468d66afc570fe50&application_id=2168890&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fe47f8d3a1ae6c4372d7bedb957f80bd&application_id=2168890&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
OTS original text press release with the exclusive in terms of content of the sender – www.ots.at |