EZECOM launches fully backed $20 million bond

EZECOM, Cambodia’s leading internet service provider, yesterday announced it has signed an agreement with the Credit Guarantee and Investment Facility (CGIF), a credit guarantee agency established by the Asian Development Bank and ASEAN+3 members, which includes Japan, South Korea, and China.

CGIF will provide a credit guarantee covering the full amount of $20 million to be issued by the company.

SBI Royal Securities is the financial adviser and underwriter for the sale of the bonds, which are expected to be issued in the third quarter of this year.

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