IDB Invest Retaps Originate-to-Share Award-Winning Securitization
The transaction confirms that securitizations can serve as a repeatable tool for MDBs to optimize their balance sheets, mobilize private capital, and open space for increased lending.
"This is an important step in the IDB Invest+ originate-to-share business model and IDB Group's IDBStrategy+ to foster private sector led development," said Ilan Goldfajn, President of the IDB Group. "By bringing global investors to our projects we're paving the way to a more scalable model to mobilize private capital for development."
The new portfolio spans infrastructure, energy, financial institutions, and corporate sectors across
"We've demonstrated that our model works," said
"I'm excited to see this expansion of the original Scaling4Impact transaction, which is, a testament to the importance of long-term partnerships in creating new pathways for private market investors to participate in development finance," said Molly Whitehouse, portfolio manager for Newmarket's SRT platform and a Managing Director and Co-Founder at Newmarket. "This tap reaffirms the powerful role of SRT transactions in helping multilateral lending institutions continue to expand their critical lending work."
The original transaction — the first securitization of MDB private-sector assets in
The retap advances G20-endorsed MDB reforms by promoting financial innovation, crowding in private capital, optimizing balance sheets, and leveraging MDB performance data via the Global Emerging Markets (GEMs) database.
Santander Corporate & Investment Banking and Clifford Chance served as advisors.
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SOURCE IDB Invest
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