The World Bank Group, through the International Finance Corporation, announced the closing of its second securitization under the Emerging Markets Securitization Program, a USD 509 million collateralized loan obligation that packages IFC-originated loans into securities for institutional investors. The transaction builds on the inaugural September 2025 deal and extends the group’s originate-to-distribute model, which is intended to recycle IFC capital and channel more private investment into emerging market private sector lending. The deal securitizes 62 IFC-originated loans across sectors and geographies. It includes USD 320 million and USD 50 million senior tranches sold to private investors and rated Aaa and Aa1 by Moody’s, an USD 80 million mezzanine tranche insured by a consortium of credit insurers, and an USD 59 million equity tranche held jointly by IFC and the UK Foreign, Commonwealth & Development Office through MOBILIST. The transaction was oversubscribed, the senior notes were listed on the London Stock Exchange, and the two EMSP transactions together have now produced more than USD 1 billion of securities.
World Bank2026-06-15
World Bank Group closes second USD 509 million IFC securitization under emerging markets program
The World Bank Group, through IFC, closed a second USD 509 million securitization under its Emerging Markets Securitization Program, packaging 62 IFC-originated loans into rated securities for institutional investors. The oversubscribed deal includes Aaa- and Aa1-rated senior tranches, an insured mezzanine tranche and an equity tranche shared with the UK Foreign, Commonwealth & Development Office through MOBILIST. Combined with the first transaction, the program has now issued more than USD 1 billion of securities.