A Memorandum of Understanding between Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank, and China-ASEAN Investment Cooperation Fund II GP was signed on 4 September 2023 during the China-ASEAN Summit at Jakarta, Indonesia.

This Memorandum was set out to promote and support bond financing for infrastructure development with a strong focus on green financing, sustainability and environmental, social, and governance (ESG) standards in the ASEAN+3 region.

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 30 August 2023 the amount of US$9,000,000 from Indonesia as payment for subscription of new shares under the capital increase proposal (CIP) approved by CGIF’s Contributors on 6 December 2017.

The Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“ADB”), is pleased to announce its guarantee for Erajaya Digital Pte. Ltd.’s (“Erajaya Digital” or “Issuer”) 3-year SGD50.0 million Senior Unsecured Fixed Rate Notes (“Bond”). Erajaya Digital is a subsidiary of Indonesia-domiciled PT Erajaya Swasembada Tbk (“Group”) which conducts the Group’s businesses in Malaysia and Singapore.

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce that the 5-year SGD100 million Social Bond issued on 7 April 2022 by First Real Estate Investment Trust (“First REIT”) had won the Social Infrastructure Deal of the Year Award in The Asset Triple A’s Sustainable Infrastructure Awards 2023.

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for the guaranteed SGD 50 million 5-year senior unsecured green bond (rated AA by S&P) issued by Apeiron Agrocommodities Pte Ltd. (“Apeiron Bioenergy” or the “Company”) on 23 June 2023. This transaction marks Apeiron Bionergy’s debut issuance and the first SGD green bond guaranteed by CGIF. This transaction also signifies CGIF’s commitment in supporting thematic bonds.