IFC finds way to bridge infrastructure funding gap in Asia

In a timely groundbreaking deal, the World Bank arm has created a CLO-like structure with a safety net to help crowd in trillions of dollars of investment in infrastructure.

IFC finds way to bridge infrastructure funding gap in Asia

The International Finance Corporation, part of the World Bank, says it has hit on a deal structure that will help bridge the enormous funding gap that Asian governments face as they struggle to build much-needed infrastructure.

The IFC on Wednesday signed a deal with Eastspring Investments, the Asian asset management business of Prudential Plc, to commit $500 million to a portfolio of emerging market loans for mostly greenfield infrastructure projects. German insurance group...

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