CGIF - Credit Guarantee & Investment Facility

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for Hanwha Solutions Corporation’s (“HSC’s”) 3-year CNH 1 billion green dim sum bond, i.e. offshore renminbi bond, issued on 19 April 2021. This transaction is the first dim sum bond supported by CGIF and is also the first green bond guaranteed by CGIF.

CGIF also supported Hanwha Q CELLS Malaysia’s 3-year MYR 150 million ASEAN Green Bonds issued on 1 September 2021. Hanwha Q CELLS Malaysia is a solar PV manufacturer operating in Malaysia that is 100% owned by Hanwha Solutions Corporation. This transaction is the first Malaysian Ringgit denominated bond guaranteed by CGIF.