News

The first-ever gender bond series listed in Asia-Pacific receives new UN support – Global Analytics Market

The first-ever Multi-Country Gender Binding Series (ESCAP), the Asia-Pacific Economic and Social Commission for Asia and the Pacific (ESCAP), the United Nations Capital Development Fund (UNCDF) and the Rockefeller Foundation, has gained new funding from Impact Investment Exchange (IIX)’s winning Women’s Livelihood BondTM Series (WLB Series).

The second multi-country gender bond, Women’s Livelihood Bond 2 (WLB 2) IIX, which was to be listed on the Singapore Exchange successfully closed off the US$ 12 million. For more than 250,000 underserved women in the country, WLB2 would create sustainable livelihoods. It is the second bond in IIX’s winning, US, Asian, African, Australian, and New Zealand-based WLB Series.READ MORE

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.  READ MORE

IIX closes second multi-country gender bond in Asia-Pacific – The Asset

Impact Investment Exchange (IIX) has successfully closed the US$12 million Women’s Livelihood Bond 2 (WLB2), the second multi-country gender bond in the Asia-Pacific to be listed on a stock exchange, the Singapore Exchange (SGX), creating sustainable livelihoods for over 250,000 underserved women in the region.

Demonstrating the scalability and replicability of the WLB Series, IIX will be launching the third Women’s Livelihood Bond (WLB3) in 2020, and will build on the success of the WLB1 and WLB2 by expanding to include more countries and new sectors. The WLB2 is the first ICMA and Asean Capital Markets-certified social bond focused on women’s empowerment.  READ MORE

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.

IIX successfully closed the US$12 million Women’s Livelihood Bond 2 (WLB2), IIX’s second multi-country gender bond to be listed on the Singapore Exchange. WLB2 will create sustainable livelihoods for more than 250,000 underserved women in the region. This is the second bond in IIX’s award-winning WLB Series, which boasts investors from the U.S., Asia, Europe, Australia and New Zealand.   READ MORE

Singapore-based impact investor IIX closes $12m Women’s Livelihood Bond 2 – Deal Street Asia

Singapore-based impact investing organisation Impact Investment Exchange (IIX) on Wednesday announced that it has closed the $12-million Women’s Livelihood Bond 2 (WLB2), aiming to create sustainable livelihoods for over 250,000 underserved women in the Asia Pacific region. The WLB2 will become the second multi-country gender bond in the Asia Pacific to be listed on the Singapore Exchange, following the footsteps of the $8 million Women’s Livelihood Bond (WLB1) that was issued and listed on the same bourse in 2017, according to a statement. READ MORE

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

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

The US$12 million bonds will have a four-year tenor and carry a coupon of 4 per cent per annum, IIX told The Business Times.

This is IIX’s second issuance under its more than US$150 million WLB series, which provides financing to under-served women in the Asia-Pacific. The third issuance will be launched later this year, and IIX will expand it to include more countries and new sectors.

READ MORE

Daily Briefing: Local listings snub Singapore for Hong Kong; Impact investor IIX closes $12m Women’s Livelihood Bond 2- Singapore Business Review

Singapore-based impact investing organisation Impact Investment Exchange (IIX) on Wednesday announced that it has closed the $12-million Women’s Livelihood Bond 2 (WLB2), aiming to create sustainable livelihoods for over 250,000 underserved women in the Asia Pacific region.

The WLB2 will become the second multi-country gender bond in the Asia Pacific to be listed on the Singapore Exchange, following the footsteps of the $8 million Women’s Livelihood Bond (WLB1) that was issued and listed on the same bourse in 2017, according to a statement.  READ MORE

‘When are we going to wake up?’ – Pro Bono Australia

The impact investing movement is gaining momentum at a time when the world is facing unprecedented challenges.  READ MORE

Impact investing: How to connect the backstreets to Wall Street – DEVEX

When she was growing up in Bangladesh, Durreen Shahnaz tended to rebel against tradition, preferring boys’ clothes to saris, and exploring the streets on her bike rather than staying indoors. Yet one thing she did not rebel against was the focus on charity that was central to her family’s Muslim faith. In the past three decades, she has been guided by her maverick spirit while staying true to her humanitarian values – a theme one can see clearly in her work.  READ MORE

India: Solar startup Freyr Energy, SaaS firm Verloop raise funding – e27

Freyr Energy, an India-based full-service solar solutions firm providing access to cheap energy, has closed a US$1.5 million Series A round from Impact Partners, a crowdfunding platform for impact investing.

Operated by Singapore-based Impact Investment Exchange (IIX), Impact Partners brought together a consortium of global investors including Netherlands-based C4D Partners and India-based angel investors. According to IIX’s impact assessment, the funding will expand access to reliable and affordable solar energy to 2,275 households and 2,975 businesses, enable 675 off-grid rural villages to enjoy electricity for the first time through micro-grids, and avoid 167,270 metric tons of CO2 emissions by 2022. Read more.