Subscribe to our Newsletter
Want to receive email alerts from CGIF? Kindly enter your name and e-mail address below to be the first to know of CGIF’s latest news, research, multimedia, career opportunities, and other updates.
Want to receive email alerts from CGIF? Kindly enter your name and e-mail address below to be the first to know of CGIF’s latest news, research, multimedia, career opportunities, and other updates.
Global Mediacom Issues IDR 1.4 Trillion Tranche 1—Marking CGIF’s Biggest IDR Issuance to Date
Manila, 25 June 2025 – The Credit Guarantee and Investment Facility, a trust fund of the Asian
Development Bank (“CGIF”) is pleased to announce its support for the guaranteed bond and
sukuk of PT Global Mediacom Tbk (“BMTR”) totaling IDR 1.4 trillion (~USD 85.4 million), issued
on 24 June 2025. Listed in Indonesia Stock Exchange (IDX) today, the public offering split into
IDR 850 billion in conventional bond (“Bond”) and IDR 550 billion in sukuk (“Sukuk”) marks
CGIF’s largest single IDR issuance to date. This milestone sets a strong precedent to CGIF’s
commitment to be a catalyst for broader market access—empowering more Indonesian
issuers to tap local currency financing.
View Article»