IFC and Incapital Launch "Impact Notes" Bond Program for U.S. Individual Investors

WASHINGTON and BOCA RATON, Fla., March 10, 2014 /PRNewswire/ -- IFC, a member of the World Bank Group, and Incapital LLC, a leading underwriter and distributor of financial products, are launching a new program that for the first time allows U.S. individual investors to buy triple-A rated IFC bonds and support private sector development in emerging markets.

The new financial instrument, known as IFC Impact Notes, is an alternative to securities issued by Government Sponsored Enterprises, or GSEs. IFC Impact Notes have the potential to offer more attractive yields than U.S. Treasuries with equivalent maturities.

"U.S. institutional investors have consistently participated in IFC bond issuances, and this is an opportune time for us to launch a program that introduces us to individual investors," said IFC Vice President and Treasurer Jingdong Hua. "As U.S. investors become more familiar with our value proposition, we anticipate that IFC Impact Notes will grow to become an important component of our overall funding program."

Chris O'Connor, Incapital's Managing Director and Head of Capital Markets, said: "We anticipate that IFC Impact Notes will fill a market gap where we have seen a limited supply of the highest rated issuers. Incapital is pleased to partner with IFC in launching their innovative Impact Notes program serving a new market niche."

IFC raises funds in the global capital markets to support its lending in emerging markets. Focusing on the private sector, IFC invests to support job creation, access to health care, education, food, infrastructure, and finance, and other development priorities. IFC's current annual funding program is $16 billion across a range of markets and currencies, with U.S. dollar borrowings accounting for most of the funding activity. IFC Impact Notes will be denominated in U.S. dollars.

IFC has been rated triple-A since its first rating in 1989.

IFC Impact Notes Terms and Conditions

The first offering of IFC Impact Notes are five-year, non-call 6-month step up callable notes with an initial coupon of 1.125%. The maximum coupon on the note will be 4.00%.

About IFC

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in more than 100 countries, we use our capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity. In FY13, our investments climbed to an all-time high of nearly $25 billion, leveraging the power of the private sector to create jobs and tackle the world's most pressing development challenges. For more information, visit www.ifc.org

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About Incapital

Based in Boca Raton and Chicago, Incapital has established itself as one of the leading underwriters and distributors of a wide range of securities and investment products to broker-dealers, asset managers and institutional investors. Incapital originates and distributes offerings across multiple asset classes including fixed income, equity and equity hybrid securities.

Incapital LLC, 200 South Wacker Dr. Suite 3700 Chicago, IL 60606. Phone: 312.379.3700. 1800 North Military Trail Suite 400 Boca Raton, FL 33431 Phone: 561.361.1100

Securities offered through, and UITs sponsored by, Incapital LLC, Member FINRA/SIPC. Annuities and insurance products offered through Incapital Insurance Services LLC, Member FINRA/SIPC.

These securities are only being made available by means of a prospectus and/or other offering documents. Before you invest, you should read the offering documents and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-327-1546.

Any financial product sold prior to maturity may be worth more or less than the original amount invested. Depending upon the specific product offering, investment risks include, but are not limited to, interest rate risk, credit risk of the issuer and liquidity risk. Additionally, unless otherwise specified in the respective offering documentation, the product(s) discussed herein are not FDIC insured, may lose value, and are not bank guaranteed. While a high rating by a ratings agency does not guarantee safety of principal or return of funds, it does provide an independent opinion. Incapital does not offer or sell investment products to individual investors. Investors should carefully review and understand the offering documents and consult with their financial and tax advisors prior to investing in any financial product(s).

Specific investment terms are for illustration purposes only and may not reflect the actual terms of an investment product available for purchase from Incapital. Financial products are sold only by the offering documents and supplements of the respective issuer. The information contained herein does not constitute an offer to sell or a solicitation of an offer to buy securities. Investment products described herein may not be offered for sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful or prohibited by the specific offering documentation. Securities offered through and UITs sponsored by Incapital LLC,

Member FINRA / SIPC. Annuities and insurance products offered through Incapital Insurance Services LLC, Member FINRA / SIPC. © 2014 Incapital. All rights reserved. Incapital, 200 South Wacker Dr. Chicago, IL 60606.

Contact:

Washington, D.C.:

Alexandra Klopfer, Media Relations, IFC Phone: +1 202 473-4645 
E-mail: [email protected]

Matthew Morrison, Investor Relations, IFC Phone: + 1 202 473-1641 
E-mail: [email protected]

Boca Raton:

Jim Schaberg, Incapital Phone: 312-379-3752 E-mail: [email protected]

SOURCE Incapital