Press Releases


April 7, 2022

CGIF guarantees first ASEAN local currency healthcare social bond by First REIT

The Credit Guarantee and Investment Facility (“CGIF”) has guaranteed First Real Estate Investment Trust’s (“First REIT” or the “Trust”) five-year SGD100.0 million Social Bond (“Social Bond”). This is ASEAN’s first healthcare social bond to be publicly distributed and denominated in an ASEAN local currency.

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March 22, 2022

CGIF supports China Education Group Holdings Limited’s dim sum bonds

The Credit Guarantee and Investment Facility (“CGIF”) has guaranteed China Education Group Holdings Limited’s (“CEG”) first bond issuance, comprising a 3-year CNH500.0 million offshore renminbi bond. This is ASEAN+3’s first international bond by an issuer from the higher education sector.

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March 4, 2022

CGIF supports Indonesia’s Sukuk Markets Development with guaranteed Medium Term Ijarah Sukuk of PT Polytama Propindo

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for the guaranteed IDR220.5 billion 3-year and 5-year medium term ijarah sukuk (“Medium Term Ijarah Sukuk”) issuances by PT Polytama Propindo (“Polytama” or “the Company”). Polytama is a leading manufacturer of polypropylene resin (PP resin) in Indonesia. The Medium Term Ijarah Sukuk transaction is CGIF’s continued support to the development of Indonesia’s sukuk markets following the guaranteed IDR160 billion public sukuk issuance for Polytama in 2021.

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February 2, 2022

Thaifoods Group wins the Best Social Bond at The Asset Triple A Sustainable Capital Markets Awards 2021

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce that the CGIF-guaranteed THB1 billion 5-year Guaranteed Social Bond (“Bond”) issued on 11 November 2021 by Thaifoods Group Public Company Limited (“TFG”) was awarded the Best Social Bond at The Asset Triple A Sustainable Capital Markets Awards 2021.

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January 18, 2022

CGIF receives capital from Thailand

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 18 January 2022 US$ 8,127,389.30 from Thailand as payment for subscription of new shares under the capital increase proposal (CIP) approved by CGIF’s Contributors on 6 December 2017.

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