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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 25 June 2025. Listed in Indonesia Stock Exchange (IDX) today, the public offering split intoIDR 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.
▶️ Watch the full story now and see how CGIF is empowering Indonesian issuers.