Press Releases


January 13, 2020

CGIF supports Thaifoods Group Public Company Limited’s issuance of THB2 billion AAA-rated 5-year bonds

The Credit Guarantee and Investment Facility (“CGIF”) is pleased to announce its support for Thaifoods Group Public Company Limited’s (“TFG’s”) 5-year THB2 billion bonds issued on 8 January 2020.

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January 10, 2020

CGIF guarantees Vietnam Electrical Equipment Joint Stock Corporation’s VND1.15 trillion fixed rate bonds

Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“ADB”), rated AA internationally by S&P, has guaranteed Vietnam Electrical Equipment Joint Stock Corporation’s (“Gelex’s”) VND1.15 trillion (equivalent to USD50 million) fixed-rate bonds on 31 December 2019.

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January 9, 2020

CGIF raises capital from the Republic of Korea

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 23 December 2019 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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January 9, 2020

CGIF supports Hong Phong 1 Energy Joint Stock Company’s project bond to finance the 195MWp solar power project

The Credit Guarantee and Investment Facility (“CGIF”) is pleased to announce its guarantee for Hong Phong 1 Energy Joint Stock Company’s (“Hong Phong 1”) 15-year VND2.15 trillion and 5-year VND400 billion amortizing project bonds issued on 24 December 2019.

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December 3, 2019

CGIF supports Nexus International School (Singapore) Pte. Ltd.’s amortizing bond to finance Taylor’s Education Group flagship school

The Credit Guarantee and Investment Facility (“CGIF”) is pleased to announce its guarantee for Nexus International School (Singapore) Pte. Ltd.’s (“NISS”) 12-year SGD150.0 million amortizing bonds which was oversubscribed by both onshore and offshore investors via public offering.

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