Pollux Hotels Group Successfully Issues Sustainable Bonds with CGIF Guarantee

Oversubscribed Issuance Highlights Investor Confidence

Pollux Hotels Group has successfully completed its inaugural sustainable bonds issuance in 2025, backed by a comprehensive guarantee from Credit Guarantee and Investment Facility (CGIF). The issuance was oversubscribed, demonstrating strong investor confidence in both the company's sustainability commitment and its business fundamentals.

CGIF Provides Full Credit Enhancement

CGIF, a multilateral trust fund established by the Asian Development Bank (ADB) together with ASEAN+3 governments, provided an irrevocable and unconditional guarantee covering all interest and principal payments. This full guarantee reflects CGIF's confidence in Pollux Hotels Group's market position and financial performance.

Commitment to Sustainability Principles

The Asian Development Bank (ADB) noted that Pollux Hotels Group's sustainable bonds issuance aligns with the company's commitment to sustainability principles. CGIF's Chief Executive Officer, Hongwei Wang, stated that the full guarantee reflects their confidence in the company's business fundamentals, including its market position and financial performance.

Market Impact and Future Prospects

This successful issuance demonstrates growing investor appetite for sustainable investment products in Indonesia's hospitality sector. The CGIF guarantee not only enhances the credit profile of Pollux Hotels' bonds but also supports the development of Indonesia's sustainable finance market.