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Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“ADB”) has guaranteed Sabana Industrial Real Estate Investment Trust’s (“Sabana Industrial REIT”) five-year SGD100 million sustainability-linked bond (“SLB”). The issuance marks key milestones for CGIF and Sabana Industrial REIT – It is CGIF’s inaugural guarantee for an SLB, CGIF’s first guaranteed bond to be issued under ASEAN Capital Markets Forum’s (“ACMF”) sustainable finance standards, and Sabana Industrial REIT’s debut in thematic bond issuance.
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