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Published on 12/30/2022 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

New Issue: Singapore’s WLB Asset issues $45 million 6½% women’s livelihood bonds due 2026

By Mary-Katherine Stinson

Lexington, Ky., Dec. 30 – WLB Asset II C Pte. Ltd. announced that it sold $45 million of 6½% women’s livelihood bonds due Dec. 21, 2026, according to a listing notice on Friday.

In a press release, the issuer said that it is the first sustainable debt issuance to align with orange bond principles, advancing gender equality.

The Regulation S and Rule 144A bonds are expected to be listed on the Singapore Exchange effective Jan. 3.

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 II C Pte. Ltd.
Amount:$45 million
Issue:Women’s livelihood bonds
Maturity:Dec. 21, 2026
Coupon:6½%
Issue date:Dec. 21
Listing date:Jan. 3
Distribution:Rule 144A and Regulation S
ISINs:XS2563978381, XS2563979512

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