Capital Impact Partners Secures $122.75 Million in CDFI Bonds

Deal News | Aug 11, 2025 | Pillsbury Winthrop Shaw Pittman LLP

Capital Impact Partners successfully completed a $122.75 million Community Development Financial Institution (CDFI) bond offering, facilitated by Pillsbury Winthrop Shaw Pittman LLP. The bond issuance, structured in two parts with differing maturity dates and rates, was positively rated at A+ by S&P Global. This financial maneuver aims to bolster Capital Impact Partners' capability to extend its financial products and community-focused programs, which promote affordable housing, quality healthcare, education, and local business development. The Pillsbury team overseeing the transaction was led by Corporate partner Jeffrey Grill and included several other legal professionals.

Sectors

  • Financial Services
  • Community Development

Geography

  • United States – The activities described, including the bond offering and the associated community projects, are focused on nationwide community support within the United States.

Industry

  • Financial Services – The article involves a bond offering and financing activities by Capital Impact Partners, which operates in the financial services sector, providing loans and impact investment opportunities.
  • Community Development – The article discusses Capital Impact Partners' mission to enhance community facilities and services, highlighting their focus on community development.

Financials

  • $122.75 Million – Total amount raised through the CDFI bond offering by Capital Impact Partners.
  • $54 Million at 5.335% – Part of the bond issuance maturing in August 2030.
  • $68.75 Million at 5.999% – Part of the bond issuance maturing in August 2035.

Participants

NameRoleTypeDescription
Capital Impact PartnersTarget CompanyCompanyA nonprofit organization that provides financial products and services aimed at social impact, including affordable housing and business development in underserved communities.
Pillsbury Winthrop Shaw Pittman LLPLegal AdvisorCompanyA law firm that provided legal advisory services for the bond offering conducted by Capital Impact Partners.
S&P GlobalCredit Rating AgencyCompanyProvided an A+ credit rating for the bond issued by Capital Impact Partners.