June 9, 2026

CGIF Completes Largest IDR Bond and Sukuk Program with Global Mediacom’s Tranche II Issuance – Deepening Indonesia’s Sukuk Markets

Manila, 8 June 2026 – Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank, is pleased to announce the completion of its guaranteed bond and sukuk program for PT Global Mediacom Tbk (“BMTR” or “Global Mediacom”) with the successful issuance of Tranche II totaling IDR 800 billion (~USD 45.2 million), listed on Indonesia Stock Exchange on 8 June 2026. Together with Tranche I of IDR 1.4 trillion (~USD 85.4 million) issued earlier on 24 June 2025, the combined IDR 2.2 trillion (~USD 130.6 million) program stands as CGIF’s largest IDR-denominated bond and sukuk program to date.

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