Press Releases


December 14, 2023

CGIF guarantees A&A Green Phoenix Group Joint Stock Company’s VND 900 billion fixed-rate and floating-rate bonds

The Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for an aggregated guaranteed VND 900 billion 7-year dual (fixed and floating rate) tranche amortizing bonds issued by A&A Green Phoenix Group Joint Stock Company (“Phenikaa”) on 14 December 2023. The bonds received overwhelming investor demand from institutional investors in Vietnam and will be registered for trading in Hanoi Stock Exchange (“HNX”).

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December 8, 2023

CGIF-guaranteed IDR Bond Issued by PT Adhi Commuter Properti Tbk Draws Solid Investor Demand

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for the guaranteed IDR499.9 billion bond (“Bond”) issued by PT Adhi Commuter Properti Tbk (“ADCP” or the “Company”) on 8 December 2023. The oversubscribed Bond marks CGIF’s first time support for an Indonesian property developer and continued support on the development of Indonesia’s bond markets.

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November 2, 2023

First CGIF Guaranteed Bond for private education provider in Malaysia

INTI Universal Holdings Sdn Bhd (“INTI”) has successfully issued its first RM Bond issuance via a Guaranteed MTN (“Guaranteed MTN”) of RM165.0 million, guaranteed by the Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“ADB”).

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September 28, 2023

CGIF supports the first THB bond issued by Hope Education Group Co., Ltd

The Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for the guaranteed THB 1,300 million 3-year unsubordinated bond issued by Hope Education Group Co., Ltd. (“HEG” or “Issuer”) on 28 September 2023. This transaction marks HEG Group’s debut issuance in Thailand.

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