Linklaters advised Impact Investment Exchange (IIX), a Singapore-based impact investor, on the issuance of its US$52.8m Women’s Livelihood Bond (WLB7), the latest in the pioneering series designed to support women’s economic empowerment and environmental sustainability across South and Southeast Asia. The bonds, which will mature in 2029, are listed on the Singapore Exchange.
The bond is certified by Sustainable Fitch Limited as complying with Orange Bond Principles, as well as the International Capital Market Association’s Green Bond Principles, Social Bond Principles, and Sustainability Bond Guidelines. It also aligns with the UN’s Sustainable Development Goal number five, which focuses on achieving gender equality and empowering all women and girls. Proceeds from the bond will be used to fund companies from India, Indonesia, the Philippines, and Sri Lanka across a range of sectors that empower women to build economic resilience and advance environmental sustainability.
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