Post by The World Bank Group

The World Bank Group has closed its second transaction under the Emerging Markets Securitization Program (EMSP), bringing total issuance under the program to more than $1 billion.    The $509 million collateralized loan obligation (CLO) builds on the success of the inaugural transaction and demonstrates how the World Bank Group’s originate-to-distribute model can mobilize private capital at scale to create jobs and drive growth across emerging markets.    By pooling diversified IFC - International Finance Corporation-originated loans into rated securities, EMSP provides institutional investors with standardized access to high-quality emerging market credit while expanding financing for businesses.    Listed on the London Stock Exchange, the transaction continues to connect development finance with mainstream capital markets and helps build a scalable asset class for emerging markets.    Learn more: https://lnkd.in/etMDi3eP