Empowering Sustainable Growth: How Credit Guarantees Strengthen Asia’s Bond Markets

This announcement is not an offer to sell or the solicitation of an offer to buy securities. This announcement is not for distribution, directly or indirectly, in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as such term is defined in the Securities Act) unless they are exempt from registration under the Securities Act. There will be no public offer of the securities in the United States and there is no intention to register any part of the securities offering in the United States.

CGIF Supports Its Largest IDR Bond & Sukuk Programme as Global Mediacom Issues IDR 1.4 Trillion Tranche 1—Marking CGIF’s Biggest IDR Issuance to Date

Manila, 25 June 2025 – The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for the guaranteed bond and sukuk of PT Global Mediacom Tbk (“BMTR”) totaling IDR 1.4 trillion (~USD 85.4 million), issued on 24 June 2025. Listed in Indonesia Stock Exchange (IDX) today, the public offering split into IDR 850 billion in conventional bond (“Bond”) and IDR 550 billion in sukuk (“Sukuk”) marks CGIF’s largest single IDR issuance to date. This milestone sets a strong precedent to CGIF’s commitment to be a catalyst for broader market access—empowering more Indonesian issuers to tap local currency financing. The oversubscribed Bond & Sukuk, rated idAAA(cg) by PEFINDO, was successfully issued at the following rates and tenors: Tenor Bond Sukuk Coupon

The issuance drew strong demand, underscoring enhanced investors’ confidence with CGIF’s credit enhancement. Furthermore, the participation from a wide array of investors showcases CGIF’s role to develop the Indonesian bond market. As the largest guaranteed IDR issuance to date, and CGIF’s first foray into the media sector, Global Mediacom’s Bond & Sukuk highlights CGIF’s efforts to diversify its issuer base and develop the sukuk market in Indonesia. This CGIFbacked issuance strengthens Global Mediacom’s access to long-term funding for digital growth, supporting Indonesia’s growing media ecosystem. PT Bahana Sekuritas, PT CIMB Niaga Sekuritas, PT KB Valbury Sekuritas, PT Korea Investment & Sekuritas Indonesia, PT Mandiri Sekuritas, and PT MNC Sekuritas acted as the Joint Lead Underwriters (JLUs).