Manila, 09 January 2025 – The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) has guaranteed the inaugural bond issuance of PT Indonesian Paradise Property Tbk (“INPP” or “Paradise Indonesia”) amounting to IDR 500 billion (~USD 30.82 million). Listed on the Indonesia Stock Exchange (IDX) today, the Bonds were successfully issued on 8 January 2025 in two tranches: (a) a 3-year tenor of IDR 12.5 billion (~USD 0.77 million) and (b) a 5-year tenor of IDR 487.5 billion (~USD 30.05 million).

Manila, 20 December 2024 – Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“ADB”) has guaranteed Northeast Rubber Public Company Limited’s (“NER”) five-year debentures amounting to THB1,500 million. NER had debentures issuances in the past. However, with the CGIF guarantee, this has enabled NER to tap a different set of investors for the first time, attracting demand from major institutional investors. The 5-year bonds are assigned a rating of AAA by Tris Ratings.

Manila, 11 December 2024 – Credit Guarantee and Investment Facility (“CGIF”), a trust fund
of the Asian Development Bank (“ADB”) has guaranteed the 3- and 5-year bonds amounting to
IDR 300 billion in aggregate issued by first-time bond issuer PT Sarana Mitra Luas Tbk (“SMIL”).

Manila, 27 November 2024 – The Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“ADB”) has guaranteed BIWASE- Long An Water Joint Stock Company’s (“BIWASE Long An” or “Issuer”) debut bond issuance, a ten-year VND700 billion 5.50% fixed-rate amortizing bond (“Bond”).

Manila, 27 November 2024 – 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 (“Bond”) issued by PT Hartadinata Abadi Tbk (“HRTA”) amounting to IDR 900 billion issued on 26 November 2024. Listed in Indonesia Stock Exchange (IDX) today, the publicly offered bond marks CGIF’s continued efforts to diversify issuer base and encourage greater investors participation, fostering growth in the development of Indonesia’s IDR bond markets.