WLB2

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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Cambodia women to receive support for innovative solutions – Khmer Times

The WLB series will give more opportunities for Cambodian women in making profitable business for better lives.

Cambodia is one of the countries that benefits from Asia-based Impact Investment Exchange (IIX)’s Women’s Livelihood Bond Series as they recently won the P4G Scale-Up Partnership to scale a first-of-its-kind innovative finance solution for gender-equal COVID-resilience and green growth across Asia.

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A UN-backed boost for women-run businesses in the developing world – Modern Diplomacy

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A client in Cambodia supported by IIX’s WLB1 (Women’s Livelihood Bond 1)., by Impact Investment Exchange. Photo: UN

Many women running small businesses in emerging markets in developing countries have to juggle their business objectives with family obligations and personal savings goals. By supporting a women-focused bond providing loans to microfinance institutions and impact enterprises, the UN is helping women entrepreneurs facing similar challenges, to succeed in their professional and private lives.

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Robert Kraybill ’89 Uses High Finance to Empower Women – Princeton

The financial industry exists to allocate society’s capital — its dollars and cents — more efficiently.

Thus has said many a Princeton graduate entering the heady world of high finance, including Robert Kraybill ’89, a former banker at Wasserstein Perella in New York and, later, Dresdner Kleinwort Wasserstein in Singapore.

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Impact Exchange Issues Pro-Women Bond Tranche – Finews Asia

Singapore-based Impact Investment Exchange has successfully closed the bond targeted at improving women’s livelihood in Asia – the second such debt issuance of its kind.

The bond is part of the «Women’s Livelihood Bond» (WLB) series which aims to «create sustainable livelihoods» for over 2 million women across Asia. The WLBs are the first «gender lens bonds» for several countries in Asia including Indonesia, India, Sri Lanka and Cambodia. Impact Investment Exchange (IIX) – a Singapore-based bourse focused on issuing securities that generate both returns and real social or environmental impact – issued its first WLB in 2017 and its latest issuance raised $12 million.

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IIX’s Women’s Livelihood Bond 2 Successfully Closes — Part of Asia Pacific’s First-Ever Multi-Country Listed Gender Bond Series – IIX Global

January 15, 2020 – SINGAPORE – Impact Investment Exchange (IIX) has successfully closed the US$12 million Women’s Livelihood BondTM 2 (WLB2), the Asia-Pacific’s second multi-country gender bond to be listed on a stock exchange (the Singapore Exchange), creating sustainable livelihoods for 250,000+ underserved women in the region. The WLB2 is the second bond in the award-winning Women’s Livelihood Bond Series (WLB Series), which has gained new support from The Rockefeller FoundationThe United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the United Nations Capital Development Fund (UNCDF), Standard Chartered Bank, Latham & Watkins, Cyril Amarchand Mangaldas, and UN Women.

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Asia-Pacific’s first-ever multi-country listed gender bond series gains new support from the United Nations – UNESCAP

Impact Investment Exchange (IIX)’s award-winning Women’s Livelihood BondTM Series (WLB Series) – Asia-Pacific’s first-ever multi-country gender bond series to be listed on a stock exchange – has gained new support the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), United Nations Capital Development Fund (UNCDF) and the Rockefeller Foundation.

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New US$12m women’s livelihood bonds to list on SGX – Business Times

Investors in IIX’s second Women’s Livelihood Bond include US institutional investor Nuveen, European institutional investor Blue Orchard, and others from across Asia, Australia and New Zealand.

SINGAPORE-BASED capital firm Impact Investment Exchange (IIX) on Wednesday closed its second Women’s Livelihood Bond (WLB).

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IIX’s Women’s Livelihood Bond™ Program (WLB2) gains support from Australian government; on track to launch Q2 2019 – IIX Global

SINGAPORE, 6 March 2019 – IIX – a global organization dedicated to building a more inclusive world through innovative finance and support for impact enterprises – has announced partnering with the Australian Government’s Department of Foreign Affairs and Trade (DFAT) for the Women’s Livelihood BondTM Program (WLB2). The WLB2 is a US$100M bond series empowering one million underserved women in Asia with sustainable livelihoods. The WLB2 will be sold in three tranches. With the support from the Australian government, the first bond in the WLB2 series is on track to launch Q2 2019. Other partners include DBS Bank, Shearman & Sterling LLP, Latham & Watkins LLP, and Cyril Amarchand Mangaldas.

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