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Published on 1/4/2024 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

New Issue: Singapore’s WLB Asset issues $88 million 7¼% women’s livelihood bonds due 2027

By Mary-Katherine Stinson

Lexington, Ky., Jan. 4 – WLB Asset VI Pte. Ltd. sold $88 million of 7¼% women’s livelihood bonds due Dec. 21, 2027, according to a notice.

The Regulation S and Rule 144A bonds are expected to be listed on the Singapore Exchange effective Jan. 5.

WLB Asset is a debt-issuing subsidiary of Impact Investment Exchange Pte. Ltd., a Singapore-based provider of social enterprises in Asia with access to capital.

Issuer:WLB Asset VI Pte. Ltd.
Amount:$88 million
Issue:Women’s livelihood bonds
Maturity:Dec. 21, 2027
Coupon:7¼%
Issue date:Dec. 21
Listing date:Jan. 5
Distribution:Rule 144A and Regulation S
ISINs:XS2723388174, XS2723388257

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