Key Takeaways
- • Legal & General (L&G) and Finance in Motion (FiM) have completed a debt issuance transaction conducted through FiM's debt issuance platform, according to New Private Markets.
- • The transaction is described by the firm as the first time such a structure has been implemented in connection with an Article 9 blended finance strategy.
- • The deal sits at the intersection of impact-oriented private markets and structured debt issuance, a segment of interest to allocators with sustainability mandates.
Summary
Legal & General (L&G) and Finance in Motion (FiM) have completed a novel debt issuance transaction, according to New Private Markets, which published the report on 6 August 2026 under the byline of Charles Avery. The transaction was conducted through FiM's debt issuance platform.
According to the firm, the structure marks the first time it has been implemented in connection with an Article 9 blended finance strategy. Article 9 refers to the highest sustainability classification under the EU Sustainable Finance Disclosure Regulation (SFDR), applied to funds that have sustainable investment as their objective. Blended finance strategies combine public or philanthropic capital with private investment to target outcomes that would otherwise be underfunded.
The source article is limited in detail. It does not disclose the size of the issuance, the tenor, the pricing, or the identities of the investors participating in the debt. Readers seeking those figures should consult the original New Private Markets report or the parties' own announcements.
The article sits within New Private Markets' coverage of impact investing, alongside its Impact 75 ranking of top impact investing firms and its investor intentions tracking, both of which are referenced on the page but not discussed in the story itself.
According to the firm, the structure marks the first time it has been implemented in connection with an Article 9 blended finance strategy. Article 9 refers to the highest sustainability classification under the EU Sustainable Finance Disclosure Regulation (SFDR), applied to funds that have sustainable investment as their objective. Blended finance strategies combine public or philanthropic capital with private investment to target outcomes that would otherwise be underfunded.
The source article is limited in detail. It does not disclose the size of the issuance, the tenor, the pricing, or the identities of the investors participating in the debt. Readers seeking those figures should consult the original New Private Markets report or the parties' own announcements.
The article sits within New Private Markets' coverage of impact investing, alongside its Impact 75 ranking of top impact investing firms and its investor intentions tracking, both of which are referenced on the page but not discussed in the story itself.
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