Press Releases


April 11, 2025

CGIF Guarantees Cambodia’s First-Ever Project Bond

Manila, 11 April 2025 – The Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“ADB”), has successfully guaranteed Cambodia’s first-ever project bond, issued by SchneiTec Dynamic Co., Ltd. (“SchneiTec”). This landmark KHR 196.64billion (~USD 49.16 million) issuance features a 15-year tenor, making it the longest-tenor bond transaction in Cambodia to date.

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March 7, 2025

CGIF Supports CIA FIRST’s Continued Growth with Second Tranche Bond Issuance

Manila, 7 March 2025 – The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) has guaranteed CIA FIRST International School Co. Ltd.’s (“CIA FIRST’s”) five-year KHR41.0 billion ($10.0 million) fixed-rate amortizing bond (“Second Tranche”).

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January 27, 2025

CGIF Extends Sustainability Impact with Inaugural Blue Bonds, Issued by China Water Affairs Group Limited

Manila, 27 January 2025 – The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) has guaranteed China Water Affairs Group Limited’s (“China Water Affairs’”) five-year CNH1,000,000,000 3.45 percent Senior Unsecured Guaranteed Blue Bonds due 2030 (“the Blue Bonds”).

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January 9, 2025

CGIF Supports PT Indonesian Paradise Property Tbk’s Debut Bond Issuance

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).

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December 20, 2024

CGIF Guarantees Northeast Rubber PCL’s Bond Issuance

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.

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