Welcome!

News Feed Item

IFC and Incapital Launch "Impact Notes" Bond Program for U.S. Individual Investors

WASHINGTON and BOCA RATON, Fla., March 10, 2014 /PRNewswire/ -- IFC, a member of the World Bank Group, and Incapital LLC, a leading underwriter and distributor of financial products, are launching a new program that for the first time allows U.S. individual investors to buy triple-A rated IFC bonds and support private sector development in emerging markets.

The new financial instrument, known as IFC Impact Notes, is an alternative to securities issued by Government Sponsored Enterprises, or GSEs. IFC Impact Notes have the potential to offer more attractive yields than U.S. Treasuries with equivalent maturities.

"U.S. institutional investors have consistently participated in IFC bond issuances, and this is an opportune time for us to launch a program that introduces us to individual investors," said IFC Vice President and Treasurer Jingdong Hua. "As U.S. investors become more familiar with our value proposition, we anticipate that IFC Impact Notes will grow to become an important component of our overall funding program."

Chris O'Connor, Incapital's Managing Director and Head of Capital Markets, said: "We anticipate that IFC Impact Notes will fill a market gap where we have seen a limited supply of the highest rated issuers. Incapital is pleased to partner with IFC in launching their innovative Impact Notes program serving a new market niche."

IFC raises funds in the global capital markets to support its lending in emerging markets. Focusing on the private sector, IFC invests to support job creation, access to health care, education, food, infrastructure, and finance, and other development priorities. IFC's current annual funding program is $16 billion across a range of markets and currencies, with U.S. dollar borrowings accounting for most of the funding activity. IFC Impact Notes will be denominated in U.S. dollars.

IFC has been rated triple-A since its first rating in 1989.

IFC Impact Notes Terms and Conditions

The first offering of IFC Impact Notes are five-year, non-call 6-month step up callable notes with an initial coupon of 1.125%. The maximum coupon on the note will be 4.00%.

About IFC

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in more than 100 countries, we use our capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity. In FY13, our investments climbed to an all-time high of nearly $25 billion, leveraging the power of the private sector to create jobs and tackle the world's most pressing development challenges. For more information, visit www.ifc.org

Stay Connected

www.facebook.com/IFCwbg www.twitter.com/IFC_org
www.youtube.com/IFCvideocasts www.ifc.org/SocialMediaIndex

About Incapital

Based in Boca Raton and Chicago, Incapital has established itself as one of the leading underwriters and distributors of a wide range of securities and investment products to broker-dealers, asset managers and institutional investors. Incapital originates and distributes offerings across multiple asset classes including fixed income, equity and equity hybrid securities.

Incapital LLC, 200 South Wacker Dr. Suite 3700 Chicago, IL 60606. Phone: 312.379.3700. 1800 North Military Trail Suite 400 Boca Raton, FL 33431 Phone: 561.361.1100

Securities offered through, and UITs sponsored by, Incapital LLC, Member FINRA/SIPC. Annuities and insurance products offered through Incapital Insurance Services LLC, Member FINRA/SIPC.

These securities are only being made available by means of a prospectus and/or other offering documents. Before you invest, you should read the offering documents and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-327-1546.

Any financial product sold prior to maturity may be worth more or less than the original amount invested. Depending upon the specific product offering, investment risks include, but are not limited to, interest rate risk, credit risk of the issuer and liquidity risk. Additionally, unless otherwise specified in the respective offering documentation, the product(s) discussed herein are not FDIC insured, may lose value, and are not bank guaranteed. While a high rating by a ratings agency does not guarantee safety of principal or return of funds, it does provide an independent opinion. Incapital does not offer or sell investment products to individual investors. Investors should carefully review and understand the offering documents and consult with their financial and tax advisors prior to investing in any financial product(s).

Specific investment terms are for illustration purposes only and may not reflect the actual terms of an investment product available for purchase from Incapital. Financial products are sold only by the offering documents and supplements of the respective issuer. The information contained herein does not constitute an offer to sell or a solicitation of an offer to buy securities. Investment products described herein may not be offered for sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful or prohibited by the specific offering documentation. Securities offered through and UITs sponsored by Incapital LLC,

Member FINRA / SIPC. Annuities and insurance products offered through Incapital Insurance Services LLC, Member FINRA / SIPC. © 2014 Incapital. All rights reserved. Incapital, 200 South Wacker Dr. Chicago, IL 60606.

Contact:

Washington, D.C.:

Alexandra Klopfer, Media Relations, IFC Phone: +1 202 473-4645 
E-mail: [email protected]

Matthew Morrison, Investor Relations, IFC Phone: + 1 202 473-1641 
E-mail: [email protected]

Boca Raton:

Jim Schaberg, Incapital Phone: 312-379-3752 E-mail: [email protected]

SOURCE Incapital

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
They say multi-cloud is coming, but organizations are leveraging multiple clouds already. According to a study by 451 Research, only 21% of organizations were using a single cloud. If you've found yourself unprepared for the barrage of cloud services introduced in your organization, you will need to change your approach to engaging with the business and engaging with vendors. Look at technologies that are on the way and work with the internal players involved to have a plan in place when the ine...
DXWorldEXPO LLC, the producer of the world's most influential technology conferences and trade shows has announced the 22nd International CloudEXPO | DXWorldEXPO "Early Bird Registration" is now open. Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)
The revocation of Safe Harbor has radically affected data sovereignty strategy in the cloud. In his session at 17th Cloud Expo, Jeff Miller, Product Management at Cavirin Systems, discussed how to assess these changes across your own cloud strategy, and how you can mitigate risks previously covered under the agreement.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
"DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at @DevOpsSUMMIT and CloudEXPO tell the world how they can leverage this emerging disruptive trend."
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to impr...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes how...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and Bi...