ADDIS-ABABA, June 22 – The International Finance Corporation (IFC), a member of the World Bank Group, has completed a $509 million collateralized loan obligation (CLO) under its Emerging Markets Securitization Programme, marking the second transaction launched through the initiative.
The latest deal builds on the programme’s first issuance in September 2025 and forms part of the World Bank Group’s broader plan to attract more private investment into businesses across emerging markets.
The transaction brings together 62 IFC originated loans from different sectors and countries into a single investment product, giving institutional investors access to a diversified portfolio of emerging market assets.
Investor demand remained strong, with the offering oversubscribed. The structure included $370 million in senior notes sold to private investors, an $80 million mezzanine tranche backed by a group of credit insurers, and a $59 million equity tranche jointly held by IFC and the UK’s Foreign, Commonwealth and Development Office through the MOBILIST programme.
Participating investors included PIMCO, L&G, Shizuoka Bank, Sona Asset Management and several other institutional investors. Goldman Sachs arranged the transaction, while the senior notes were listed on the London Stock Exchange.
With the latest issuance, the programme has now raised more than $1 billion through its first two transactions.
According to IFC, the approach allows it to recycle capital from existing loans and expand financing for private sector businesses in developing economies. The World Bank Group also said the programme is intended to build a stronger market for emerging market credit and encourage larger flows of private capital into sectors that support business growth and job creation.
