Press Releases


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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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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