Press Releases


June 25, 2025

CGIF Supports Its Largest IDR Bond & Sukuk Programme

Global Mediacom Issues IDR 1.4 Trillion Tranche 1—Marking CGIF’s Biggest IDR Issuance to Date

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 24 June 2025. Listed in Indonesia Stock Exchange (IDX) today, the public offering split into

IDR 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.

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April 25, 2025

CGIF Reinforces Commitment to Mobilize Domestic Investments in Indonesia with Completion of HRTA’s Tranche 2 Bond Issuance 

Manila, 25 April 2025 – Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank, proudly announces the successful completion of the Second Tranche under PT Hartadinata Abadi Tbk’s IDR 1.0 trillion bond program. This milestone builds on the strong momentum of the First Tranche issued in November 2024, which was nearly twice oversubscribed—reflecting robust investor confidence in the CGIF-HRTA partnership.

The Second Tranche, totaling IDR 100 billion (~USD 5.93 million), was issued on 24 April 2025 and officially listed today on the Indonesia Stock Exchange (IDX).

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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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