Credit rating report Of CIA First International School – Bond 2

CIA First International School Co., Ltd obtained bond 2 issuance​ authorization at Cambodia Securities Exchange – CSX on USD 10 million. The Bond is rated khAAA by Rating agency of (Cambodia) Plc. The bond covered by a 100% irrevocable on-demand guarantee on the Principal and Interest by CGIF, an entity that carries a global credit rating of AA by S&P Global Rating.