News

Maturity of IIX’s Women’s Livelihood Bond™ 2 (WLB2) Marks Another Historic Achievement in Gender-Lens Impact Investing for IIX

January 16, 2024 – SINGAPORE – Impact Investment Exchange (IIX)’s Women’s Livelihood Bond™ 2 (WLB2), Asia-Pacific’s multi-country, multi-sector Orange Bond has fully matured. This milestone marks the completion of a US$12 million issuance with a 4-year tenure and a 4% coupon, qualifying as both an Orange Bond and ICMA Social Bond. Aligned with 12 United Nations Sustainable Development Goals, WLB2 has significantly empowered the sustainable livelihoods of over 250,000 underserved women and girls across Southeast Asia, including Cambodia, Indonesia, the Philippines, and Sri Lanka.

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APG funds women-focused bond targeting Asia, Africa – Asia Investor

With a $30 million investment, APG is anchoring a transformative bond designed to empower women entrepreneurs in Asia and Africa’s emerging markets by merging investor returns with meaningful social progress.

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IIX’s Women’s Livelihood Bond™ 6 Breaks New Ground with US$100 Million Issuance as the Largest Orange Bond in the Market, Expected to Empower Over 880,000 Women and Girls in the Global South

Singapore, 12 December 2023 – Impact Investment Exchange (IIX), the pioneer in Impact Investing, marks a monumental achievement by successfully pricing the Women’s Livelihood Bond™ 6 (WLB6) at an unprecedented size for gender-based investment bonds of US$100 million, with a 7.25% coupon rate. This achievement is expected to uplift over 880,000 women and girls in the Global South, making it the largest issuance in the acclaimed WLB Series.

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The Orange Bond Principles: A New Model for Investing in Women – DFC Blog

In a recent visit to the Philippines, Vice President Kamala Harris spoke of the returns generated by investing in women. “You lift up the economic status of a woman, her family will be lifted, her community will be lifted… Lift up the economic status of women, and all of society benefits,” she said. The multiplier effect of investing in women is well-established and underscores why DFC’s 2X Women’s Initiative is a key part of the agency’s work with the private sector to advance global development.

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ANZ leads world’s first ever Orange Bond – National Tribune

ANZ has led the inaugural US$50mn four-year Women’s Livelihood BondTM 5 for Impact Investment Exchange (“IIX”), the world’s first sustainable debt issued under the Orange Bond Principles which aims to mobilise gender-lens investing under an orange-labelled asset class.

The structure securitizes a portfolio of loans to high-impact enterprises who cannot usually access to international capital markets. The Bond’s proceeds will support ~280,000-300,000 women across Asia and Africa to transition to more sustainable, climate-resilient livelihoods.

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Press Release: Impact Investment Exchange (IIX) Closes the Women’s Livelihood Bond™ 5 – the Fifth Issuance in the Women’s Livelihood Bond™ Series and the World’s First Orange Bond – NextBillion

Impact Investment Exchange (IIX) has successfully closed the Women’s Livelihood Bond™ 5 (WLB5), the fifth issuance in the award-winning Women’s Livelihood Bond™ Series (WLB™ Series), raising US$50 million. The WLB5 will create livelihood and empower ~300,000 women and girls in emerging markets across Asia and Africa, making it the first multi-continent bond in the Series.

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ANZ leads world’s first ever Orange Bond – Miragenews

ANZ has led the inaugural US$50mn four-year Women’s Livelihood BondTM 5 for Impact Investment Exchange (“IIX”), the world’s first sustainable debt issued under the Orange Bond Principles which aims to mobilise gender-lens investing under an orange-labelled asset class.

The structure securitizes a portfolio of loans to high-impact enterprises who cannot usually access to international capital markets. The Bond’s proceeds will support ~280,000-300,000 women across Asia and Africa to transition to more sustainable, climate-resilient livelihoods.

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IIX raises US$50 million with first ‘orange bond’ for women’s livelihoods – Business Times

Called the Women’s Livelihood Bond 5 (WLB5), it securitises a portfolio of loans to high-impact enterprises that cannot usually access international capital markets, lead placement agent ANZ said in a Tuesday (Dec 13) press release.

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Award for innovation – use of proceeds (social bond): IIX Women’s Livelihood Bond Series – Environmental Finance Award

The Impact Investment Exchange’s Women’s Livelihood Bond Series was the world’s first gender-lens impact investing security listed on a stock exchange and has since gone on to raise $78 million in blended capital.

It said that by addressing the three dimensions of risk-return-impact it has “created a new kind of financial instrument that delivers stable returns and sustainable impact to investors”.

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Kinara Capital Secures INR 52 Crore from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Latestly

Bangalore (Karnataka) [India], March 8 (ANI/BusinessWire India): Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India.

This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs.

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