According to the Bank’s website, the Project seeks to advance private capital mobilization through anchoring the fourth series of IABS structured and managed by Bayfront.
The Project involves an USD 80 million anchor investment into Bayfront Infrastructure Management Pte. Ltd.'s (Bayfront) latest issuance of infrastructure asset backed securities (IABS). This follows AIIB's investments into Bayfront's previous IABS issuances in 2021 (BIC II) and 2022 (BIC III).
Ongoing support to IABS is required to build the track record of primary issuances and liquidity in the Asian capital markets. AIIB's support will contribute to the continued development of IABS as an investable asset class, linking global institutional capital to infrastructure debt assets in the Asia-Pacific and Middle East regions. In addition, under its climate strategy, Bayfront will implement climate targets which are in alignment with the goals of the Paris Agreement and look to decarbonize its portfolio in future IABS issuances.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Bayfront Infrastructure Management Pte. Ltd.’s||Client||-|
PROJECT TEAM LEADER
Bayfront Infrastructure Management Pte. Ltd.
Chief Executive Officer
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html