CGIF’s guarantees are available to corporations that meet the following eligibility criteria:

• The corporate entity and its principal shareholders are from an ASEAN+3 country. However, entities whose principal shareholders are not from an ASEAN+3 country may be considered should proceeds be used for Eligible Developmental Purposes (“EDP”)
  

EDP refers to any of the following use of the proceeds of guaranteed bond issuance: project / infrastructure finance, securitization, renewable energy finance, green / social / sustainability finance in ASEAN+3, or financing borrowers with operations in Brunei Darussalam, Cambodia, Lao People’s Democratic Republic, and Myanmar.

• The corporate entity must be of an acceptable credit profile based on CGIF’s internal credit assessment
• The corporate entity’s project or business (for general funding purposes) satisfies CGIF’s environmental and social safeguards standards
• The proceeds of the CGIF guaranteed bond does not involve any activity in ADB’s prohibited investment activity list (PIAL)
  

Please click the link to download the List of Prohibited Activities: List of Prohibited Activities. In addition, bond issuances that can be considered for CGIF guarantees are limited to the following parameters: List of Prohibited Activities.

• Bond tenor of up to 10 years. However, bond tenor of 10-15 years is possible subject to credit quality and justification
• Issuance should be in an ASEAN+3 currency
  

CGIF is keen to support cross border issuances in ASEAN + 3 for companies that are looking at projects and investments in the region.