Green Bond Fact Sheet

Cypark Ref Sdn Bhd

Date: 31/03/2020

Issue date: 11-10-2019 Maturity date: 29-06-2040 Tenor: 20.7
Issuer name

Cypark Ref Sdn Bhd

Amount issued

MYR550m/USD131m

Country of risk

Malaysia

CBI Database

Included

Issuer type1

Non-FinancialCorporate

Bond typeSukuk

Green bond framework

Link to Framework

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

RAM Holdings (Malaysia)(Tier-1 EB)☒ Energy☒ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewater
treatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

There is no reporting commitment stated.
Cypark Ref Sdn Bhd is a renewable energy specialist that offers integrated turnkey contractservices. This includes design, engineering, procurement, construction, installation, testing
and commissioning of solar plants. The issuer facilitates the financing of the eligible SRIprojects.

Firsts, records andcertificationsProceeds description

Climate Bonds view

Underwriters

The eligible SRI projects for this deal include three solar power plants located in peninsular
Malaysia of 30MW each. Amongst others this includes costs and expenses associated withthe design, engineering, procurement, construction, commissioning, ownership, operationand maintenance of the projects. Other costs will be financed as well such as consultancy
fees, lease payments and contingencies.
We welcome Cypark to the green bond market. It is great to see that more organisations
are leveraging renewable energy. Malaysia has the target of 20% renewable energy by2025. We hope to see more issuance from Southeast Asian countries in the future.
We encourage post-issuance reporting.
Maybank

Deal comments
Credit rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign