SUNREIT Bond Berhad
Indicative
Full Lot
Indicative price as of 02 Oct 2026, 4:25pm
Bond Issuer
SUNREIT Bond Berhad
Guarantor
-
Announcement Date
18 Jul 2024
Issue Date
22 Jul 2024
Maturity Date
22 Jul 2031
Years to Maturity / Next Call
4.798 / -
Modified Duration
4.275 @ 02 Oct 2026
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
4.060
Coupon Type
Fixed
Annual Coupon Rate
4.060
Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Reference Rate
-
ISIN
MYBUK2402423
CUSIP
YW5040681
Bond Currency
MYR
Total Issue Size
150,000,000
Min. Investment Quantity (Nominal)
MYR 100,000
Incremental Quantity (Nominal)
MYR 100,000
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Real Estate Investment Trusts
Issuer Credit Rating (S&P/ Fitch/ RAM)
***/ N.R/ N.R
Bond Credit Rating (S&P/ Fitch/ RAM)
***/ N.R/ AA2
Shariah Compliant
No
Exchange Listed
No
The Issuer shall be required to set aside In a liability account, 5 basis points per annum of the amount of the SLMTNs issued, if both KPIs are not met (with reference to Sunway REIT's Annual Sustainability Report) as per below table:
| Financial Year | KPI 1 | KPI 2 |
|---|---|---|
| 2024 | KPI < 3,130 | KPI > 292 |
| 2025 | KPI < 3,192 | KPI > 291 |
| 2026 | KPI < 3,256 | KPI > 289 |
| 2027 | KPI < 3,321 | KPI > 288 |
| 2028 | KPI < 3,387 | KPI > 287 |
| 2029 | KPI < 3,455 | KPI > 285 |
| 2030 | KPI < 3,524 | KPI > 284 |
The Sustainability Adjustment is subject to:
(1) One adjustment for each financial year, with effect from the year of the issuance, on Sustainability Adjustment Date if both KPls are not met. For avoidance of doubt, no adjustment will be required if one or both KPIs are met for that financial year.
(2) The adjustment(s) will be accumulated in a liability account to be fully used at the earlier of the redemption date or maturity date of the SLMTNs, for the following sustainability initiatives of Sunway REIT:
a) Green building accreditation;
b) Purchase of green or renewable energy; and/or
c) Upgrade of low carbon assets.
Sustainability Adjustment Date : 30 June after the end of each financial year, for the tenure of the SLMTNs.
Sustainability Document
The Issuer shall submit the following to the Subscriber and the Facility Agent by 30 June after the end of each financial year:
(i) Sunway REIT's Annual Sustainability Report which shall disclose the performance of the selected KPIs;
(ii) An independent assurance statement on Sunway REIT's Annual Sustainability Report; and
(iii) A certificate from a director / authorised signatory of the Issuer confirming the SPT achieved for each of the KPIs for the financial year against the pre-determined SPT set out in section 1 of the pricing supplement.
Failure to submit the Sustainability Document shall be deemed as a failure to meet both KPIs.
Cash Flow Information