Capital Impact Partners and Incapital
Reach $100 Million Milestone in
Distribution
of Capital Impact Investment Notes
Arlington, VA, Chicago, Ill and Boca Raton, FL - February 12, 2019 - Capital Impact Partners today
announced that it has achieved a significant impact investing milestone by selling over $100 million of
Capital Impact Investment Notes through Incapital LLC’s nationwide network of broker-dealers,
institutions and financial advisors. Capital Impact has seen robust interest in these AA-* rated Notes that
are still the only offering by a Community Development Financial Institution (CDFI) that is S&P rated,
DTC-settled and offered on a continuous basis through brokerage accounts in almost all U.S. states.
Capital Impact Partners’ AA- fixed-rate Investment Notes are distributed through Incapital’s Legacy™
Platform, which provides issuers and financial professionals the opportunity to offer products to
investors that align financial goals with personal principals through values-based investing. Incapital is a
leading underwriter and distributor of fixed income securities.
“Hitting this $100 million milestone illustrates investors’ strong appetite to align their investments with
their values and help advance important social causes when offered the chance to purchase investmentgrade
Notes like ours,” said Ellis Carr, President and CEO of Capital Impact Partners. “Our national work
helping to build more equitable and inclusive communities is certainly amplified by investors’ trust in
Capital Impact.”
“Achieving social returns with financial returns is an increasingly important strategy among investors,”
said Incapital CEO John DesPrez III. “Our recent Fixed Income Investing Survey showed that close to
100% of the newest generation of advisors (with 3 – 9 years of tenure) are making social impact
investing a standard part of most client discussions, and 58% of those same advisors are looking for
more fixed income ESG (Environmental, Social and Governance) investing options. We are proud to offer
Capital Impact Notes on our Legacy™ Platform.”
Capital Impact Partners’ Notes allow retail and institutional investors to invest as little as $1,000 in the
mission-driven organization’s nationwide efforts to create social impact for underserved communities.
The Notes have been assigned a AA- rating by S&P Global, the world’s leading provider of independent
credit ratings. As unsecured debt, Investment Notes are subject to the credit risk of the issuer. Because
the Notes are an investment intended to be held to maturity, there may not be an active secondary
market for them. Prospective investors should read all of the offering documents before investing.
As a CDFI, Capital Impact Partners delivers financing and technical assistance to organizations that
create a strong fabric of high-quality services that foster equity, opportunity and healthy communities
nationwide. You can learn more about Capital Impact’s work at www.capitalimpact.org.
Incapital is proud to serve as Lead Agent for Capital Impact Partners. The firms are not affiliates.
About Capital Impact Partners
Through capital and commitment, Capital Impact Partners helps people build communities of
opportunity that break barriers to success. We champion social and economic justice for underserved
communities to foster good health, economic opportunity, and interconnectedness. Through mission driven
lending, incubating social impact programs, impact investing, and policy reform we partner with
local communities to create equitable access to health care and education, healthy foods, affordable
housing, and dignified aging for those most in need. We have disbursed more than $2.5 billion to
revitalize communities over the past 35 years. Our leadership in delivering financial and social impact
has resulted in Capital Impact earning a “AA-” rating from S&P Global and being recognized by Aeris
since 2005 for our performance. Headquartered in Arlington, VA, Capital Impact Partners operates
nationally, with local offices in Detroit, MI, and Oakland, CA. For more information go to:
www.capitalimpact.org.
About Incapital
Incapital was founded in 1999 and today is a leading underwriter and distributor of securities to more
than 500 broker-dealers, institutions, asset managers, RIAs and banks. The firm represents more than
300 issuing entities and has underwritten more than $480 billion in securities. Incapital is headquartered
in Chicago, IL and has a principal office in Boca Raton, FL. Further information is available at
www.incapital.com . For more information on the 2018 Incapital Fixed Income Investing Survey go to:
https://www.incapital.com/FixedIncomeSurveyReport.
DISCLAIMER
This press release is not an offer to sell or a solicitation of an offer to buy any securities. Such an offer
is made only by means of a current Prospectus (including any applicable Pricing Supplement) for each
of the respective Notes. Such offers may be directed only to investors in jurisdictions in which the
Notes are eligible for sale. Investors in such states should obtain a current Prospectus by visiting
www.capitalimpact.org/invest/capital-impact-investment-notes. Investors are urged to review the
current Prospectus before making any investment decisions. No state or federal securities regulators
have passed on or endorsed the merits of the offering of the Notes. Any representation to the
contrary is unlawful. The Notes will not be insured or guaranteed by the FDIC, SIPC or other
governmental agency. As of the date hereof, the Notes will be offered for sale in all 50 states and the
District of Columbia, excluding the States of Arkansas and Washington.
*S&P Global assigned a long-term issue credit rating of AA- to the Notes on April 9, 2018. Please check
the Pricing Supplement for the S&P credit rating assigned to Notes currently being offered for sale. An
S&P credit rating is not a recommendation to buy, sell or hold Notes and may be subject to suspension,
reduction or withdrawal at any time by S&P.
Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Also, when Capital Impact uses any of the words “anticipate,” “assume,” “believe,”
“estimate,” “expect,” “intend” or similar expressions, it is making forward-looking statements. These
forward-looking statements are not guaranteed and are based on Capital Impact’s present intentions
and on Capital Impact’s present expectations and assumptions. These statements, intentions,
expectations, and assumptions involve risks and uncertainties, some of which are beyond Capital
Impact’s control, that could cause actual results or events to differ materially from those anticipated or
projected. Purchasers of Notes should not place undue reliance on these forward-looking statements, as
events described or implied in such statements may not occur. Except as required by law, Capital Impact
undertakes no obligation to update or revise any forward-looking statements as a result of new
information, future events or otherwise.