Press Releases


January 15, 2020

CGIF signs a THB1.5 billion Risk Participation Agreement with the Asian Development Bank

CGIF signed on 10 January 2020 a Risk Participation Agreement (RPA) with the Asian Development Bank (ADB) to share 50% of the default risk on ADB’s investment of THB 3 billion in 7-year Green Bonds issued by Energy Absolute Public Company Ltd on 16 October 2019.

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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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