Media

Media

Impact Investment Exchange launches $27m bond to help women in Asia rebuild livelihoods post-Covid – Pioneer Post

Singapore-based Impact Investment Exchange (IIX) has issued its US$27m Women’s Livelihood Bond 3 (WLB3), the third in the $150m WLB series of gender bonds aimed at creating sustainable livelihoods for more than 3 million women in developing countries. WLB3 will be backing enterprises in India, Indonesia, Cambodia and the Philippines that are directly supporting women to respond to or recover from the economic effects of the pandemic. READ MORE

Bond to list on SGX that funds loans to women-focused enterprises in developing countries – The Straits Times

SINGAPORE (THE BUSINESS TIMES) – Singapore-based capital firm Impact Investment Exchange (IIX) has priced its US$27.7 million (S$37 million), four-year Women’s Livelihood Bond 3 (WLB3) at 3.95 per cent, a company spokesman told The Business Times on Tuesday (Dec 8).

The WLB3 is the third tranche under the US$150 million WLB Series, a series of debt securities meant to create sustainable livelihoods for more than three million women across developing countries, IIX said. READ MORE

US$27.7m Women’s Livelihood Bond 3 to list on SGX – The Business Times

SINGAPORE-BASED capital firm Impact Investment Exchange (IIX) has priced its US$27.7 million, four-year Women’s Livelihood Bond 3 (WLB3) at 3.95 per cent, a company spokesperson told The Business Times (BT) on Tuesday. The WLB3 is the third tranche under the US$150 million WLB Series, a series of debt securities meant to create sustainable livelihoods for over three million women across developing countries, IIX said. READ MORE

P4G Partnership with IIX Accelerates Gender Bond Issuances with Close of Women’s Livelihood Bond 3 – P4G

Washington, DC – Impact Investment Exchange (IIX) has successfully closed the US$27.7 million Women’s Livelihood Bond 3 (WLB3), the third bond in the award-winning Women’s Livelihood BondTM Series (WLB Series), which is a part of the P4G Partnership. Advancing a total of 13 United Nations Sustainable Development Goals (SDGs), the WLB3 complies with the International Capital Market Association’s Social Bond Principles and will support 180,000 underserved women in the Asia Pacific to respond, to recover from, and to build resilience in the aftermath of the COVID-19 pandemic. The WLB3 is also the maiden investment of IIX’s Women’s Catalyst Fund, a next generation gender lens vehicle designed to accelerate innovative financial instruments for women. READ MORE

Singapore-based Impact Investment Exchange prices US$27.7m Women’s Livelihood Bond 3 – Asian Private Banker

The Impact Investment Exchange (IIX) on Monday said it priced the US$27.7 million WLB3, its third bond in the Women’s Livelihood Bond™ series. The bond will support 180,000 underserved women and women entrepreneurs in the Asia Pacific region, IIX said in a press release. It will help these women “to respond, to recover from, and to build resilience” in the aftermath of the COVID-19 pandemic, it added. The WLB3 is the maiden investment of IIX’s Women’s Catalyst Fund (WCF), a gender-targeted financial vehicle that was designed to accelerate innovative financial instruments for women, IIX said. READ MORE

Hong Kong-based family office Grace Harmony and other firms have invested in the third issuance of the Women’s Livelihood Bond – Asian Investor

The Singapore-based Impact Investment Exchange (IIX), which focuses on impact investing, priced the $27.7 million bond, which aims to support women and female entrepreneurs in Asia Pacific in the aftermath of the Covid-19 pandemic. Other investors include US asset manager Nuveen and New Zealand firm Pathfinder Asset Management, an IIX spokeswoman told AsianInvestor, declining to name other investors and the amounts invested. READ MORE

HK family office, AMs chip in for $27m women’s bond – CityWire Asia

The Women’s Livelihood Bond 3 attracted interest from Grace Harmony, a family office based in Hong Kong, and other global institutional investors. The women’s livelihood bond, which is backed by lenders including DBS, Standard Chartered, and ANZ, has raised $27.7m. The Women’s Livelihood Bond 3 attracted interest from Grace Harmony, a family office based in Hong Kong, and other global institutional investors. Nuveen returned as an investor for the third issuance, along with new institutional investors from New Zealand such as Pathfinder Asset Management. Schroders’ impact boutique Blue Orchard also invested in the latest round.‘We continue to see interest for deals among our own network of 1,200 accredited investors, many of whom are based in Hong Kong,’ Impact Investment Exchange (IIX) CEO Durreen Shahnaz told Citywire Asia.  READ MORE

IIX Accelerates Gender Bond Issuances with Pricing of Women’s Livelihood Bond 3

December 7, 2020 – SINGAPORE – Impact Investment Exchange (IIX) has successfully priced the US$27.7 million Women’s Livelihood BondTM 3 (WLB3), the third bond in the award-winning Women’s Livelihood BondTM Series (WLB Series). Advancing a total of 13 United Nations Sustainable Development Goals (SDGs), the WLB3 complies with the International Capital Markets Association (ICMA) Social Bond Principles and will support 180,000 underserved women and women entrepreneurs in the Asia Pacific region to respond, to recover from, and to build resilience in the aftermath of the COVID-19 pandemic. The WLB3 is also the maiden investment of IIX’s Women’s Catalyst Fund, a next generation gender lens vehicle designed to accelerate innovative financial instruments for women.

Read more

ESG is having its moment, and so are its female champions – The Business Times

SINGAPORE – As sustainability-centred priorities grow in prominence on regulators’ and investors’ agendas, women, too, are increasingly muscling into the traditionally male-dominated fields like finance and real estate. While there is little hard data on the matter, women have been heading initiatives focusing on Environment, Social and Governance (ESG) standards globally and here in Asia. Some like Durreen Shahnaz, founder and CEO of IIX still feel that more can be done to give underserved women a voice in the market. READ MORE

Impact Investment Exchange (IIX) launches IIX Values™ – the world’s first impact verification solution for every organization

SINGAPORE, 25 September 2020 – IIX, a global leader in innovative finance and sustainable investing — is building on a decade of experience in impact measurement to launch IIX Values— the world’s first impact verification solution for every type of organization, whether they are for-profit or non-profit, social enterprise, funds or corporations. Grounded in over 60,000 data points from more than 360 companies working across 46 countries, the impact verification solution will not only identify, measure, and verify the value created by every company, it will also give customers the power to verify the positive impacts brought about in their lives.

Read more