August 24, 2023

Indonesia’s Erajaya Group invests in Malaysia and Singapore with CGIF’s support

The Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank (“ADB”), is pleased to announce its guarantee for Erajaya Digital Pte. Ltd.’s (“Erajaya Digital” or “Issuer”) 3-year SGD50.0 million Senior Unsecured Fixed Rate Notes (“Bond”). Erajaya Digital is a subsidiary of Indonesia-domiciled PT Erajaya Swasembada Tbk (“Group”) which conducts the Group’s businesses in Malaysia and Singapore.

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