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
