The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, has completed its first-ever securitisation deal — a move designed to channel more global institutional capital into developing economies.
In a statement released on Saturday to newsmen, the IFC said the $510 million collateralised loan obligation (CLO) marks the opening phase of an “originate-to-distribute” strategy aimed at broadening access to its loan portfolio while freeing up resources for fresh projects.
The initiative repackages IFC loans into rated securities tailored for pension funds, insurers, and asset managers. According to the World Bank Group, this approach is intended to unlock deep pools of private capital and accelerate financing for high-impact ventures across emerging markets.
World Bank Group President Ajay Banga described the transaction as a milestone for development finance. “Mobilising private investment at scale is essential to create jobs and lift people out of poverty.
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This transaction shows how we can attract private capital while expanding our support for countries and businesses that need it most,” he said.
Listed on the London Stock Exchange, the deal includes a $320 million senior tranche purchased by private investors, a $130 million mezzanine slice backed by credit insurers, and a $60 million equity piece. Investment bank Goldman Sachs acted as arranger.
IFC said it plans to roll out further issuances, positioning the structure as a repeatable model to bridge investor appetite and the financing gaps of developing nations.
