EAICF BlackRock

pending

The proposed IFC investment consists of up to US$50 million equity subscriptions into limited partnership interests of the Emerging Asia Infrastructure Credit Fund (EAICF or the Fund), a US$750 million target blended finance fund. The proposed investment comprises: (i) up to US$40 million into a senior tranche for IFC's own account; (ii) up to US$5 million into a junior tranche for IFC’s own account; and (iii) up to US$5 million into a junior tranche, to be supported by Frontier Opportunities Fund (FOF) as described in the Blended Finance Section. The Fund will provide senior, mezzanine and subordinated debt to support the transition of private sector borrowers, including in the industrial, and decarbonization technologies sectors, towards low-carbon growth. Also, the Fund will have a primary focus on Southeast Asia (SEA) (80% of capital commitments), with the remaining allocation potentially targeted to South Asia (SA). Emerging Asia Infrastructure Credit Fund GP S.a r.l., a Luxemburg private limited company managed by BlackRock Financial Management Inc. (BlackRock), will serve as the general partner of the Fund (the General Partner).