The Fund engages with financial institutions and companies at an early-stage of the funding process, helping them to understand whether a bond issuance is the right path and the process involved. Technical assistance from the Fund is available for this preparation. The Fund Advisor, Lion’s Head Global Partners Asset Management, undertakes due diligence on the issuer and prospective bond offering and, if the results of such process are satisfactory, commits as an anchor investor to catalyze other investors. The Fund always prices along-side local investors and cannot be more than 30% of the issuance.
The OPIC loan will facilitate the Fund’s participation in approximately 10-14 local currency bond issuances for institutions operating in financial inclusion, housing, agriculture, renewable energy, and other developmental sectors throughout Africa
No contact information provided at the time of disclosure