Press Releases


September 9, 2021

CGIF guarantees sukuk for the first time

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for the guaranteed IDR319.5 billion 3-year and 5-year senior bond (“Bond”) and IDR160 billion 3-year and 5-year ijarah sukuk (“Sukuk”) issuances by PT Polytama Propindo (“Polytama” or “the Company”). The Sukuk transaction is the first guaranteed IDR denominated sukuk in Indonesia and the first sukuk with a CGIF guarantee.

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September 1, 2021

CGIF supports Hanwha Q CELLS Malaysia’s MYR 150 million 3-year ASEAN Green Bonds

The Credit Guarantee and Investment Facility (“CGIF”) is pleased to announce its support for Hanwha Q CELLS Malaysia’s 3-year MYR 150 million ASEAN Green Bonds issued on 1 September 2021. This transaction is the first Malaysian Ringgit denominated bond guaranteed by CGIF.

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August 26, 2021

CGIF guarantees first KHR bond offered through private placement for Telcotech Ltd., a landmark transaction in Cambodia

CGIF guaranteed a KHR80 billion 5-year fixed-rate senior unsecured bond (“Bond”) issuance by Telcotech Ltd. (“Telcotech” or the “Company”). The transaction marks a CGIF-guaranteed KHR bond offered through private placement for the first time in Cambodia.

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June 9, 2021

CGIF receives capital from the Republic of Korea

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 04 June 2021 US$ 23,800,000 from the Republic of Korea 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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April 19, 2021

CGIF supports Hanwha Solutions Corporation’s CNH 1 billion 3-year green dim sum bonds

The Credit Guarantee and Investment Facility (“CGIF”) is pleased to announce its support for Hanwha Solutions Corporation’s (“HSC”) 3-year CNH 1 billion green dim sum bond, i.e. offshore renminbi bond, issued on 19 April 2021. This transaction is the first dim sum bond supported by CGIF and is also the first green bond guaranteed by CGIF.

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