August 7, 2025 (Arlington, VA) – Capital Impact Partners today announced that it has issued one of the largest bond offerings ever by a community development financial institution (CDFI): $122,750,000 aggregate principal amount of Taxable Bonds, Series 2025-1 (the “Bonds”), which closed on July 30, 2025. The Bonds were rated A+ by S&P Global.
The Bonds were issued in two tranches, with $54,000,000 aggregate principal amount issued at an annual interest rate of 5.335% and maturing on August 1, 2030; and $68,750,000 aggregate principal amount issued at an annual interest rate of 5.999% and maturing on August 1, 2035.
Capital Impact Partners will use net proceeds from the issuance of the Bonds to repay certain outstanding debt. By tapping into the capital markets to create balance sheet flexibility and further diversifying its debt sources, this transaction allows Capital Impact Partners to expand its lending, investments, and programmatic efforts to better support the creation and expansion of small businesses and community facilities in communities nationwide.
“We are proud to have expanded our capital markets access by issuing one of the largest bond offerings in the history of CDFIs, one that is also highly rated by S&P Global. It is a testament to the evolving maturity of the CDFI sector and continued investor confidence in CDFIs as a compelling investment,” said Natalie Gunn, Chief Financial Officer of Capital Impact Partners and CDC Small Business Finance, which are each part of the Momentus Capital branded family of organizations. “This successful bond sale supports our goal to provide low- and moderate-income communities with the capital and opportunities needed to thrive.”
Capital Impact Partners offers a continuum of financial products, including various loan types and impact investment opportunities, improving access to affordable housing, quality health care, education, and healthy foods. It also offers training and business advising programs that advance locally-led solutions to enhance the communities it serves.
“CDFIs, and other community lenders such as certified development companies (CDCs) and credit unions, need more liquidity in order to help support economic growth throughout the United States, but they have long been unable to utilize the mainstream capital markets as a resource,” said Jaime Aldama, President of Momentus Securities. “We hope this successful bond closing will demonstrate the value of transactions like these for both issuers and investors.”
“The success of Capital Impact Partners’ bond issuance is a testament to the organization, its financial strength and its impact,” said Brian Prater, Managing Director, Mesirow Public Finance. “Mesirow was honored to partner with Momentus Securities to provide a new channel for Capital Impact Partners to access the capital markets.”
Disclaimer
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. No state or federal securities regulators have passed on or endorsed the merits of the offering of the Bonds. Any representation to the contrary is unlawful. The Bonds are not insured or guaranteed by the FDIC, SIPC or other governmental agency.
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 Partners 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 Partners’ present intentions and on Capital Impact Partners’ present expectations and assumptions. These statements, intentions, expectations, and assumptions involve risks and uncertainties, some of which are beyond Capital Impact Partners’ control, that could cause actual results or events to differ materially from those anticipated or projected. Purchasers of Bonds 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 Partners undertakes no obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise.
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About Capital Impact Partners
Capital Impact Partners, part of the Momentus Capital branded family of organizations, is transforming how capital and investments flow into communities to provide people with access to the capital and opportunities they deserve. As one of the nation’s leading mission-driven Community Development Financial Institutions (CDFIs), we help build strong communities and create generational wealth by deploying mission-driven financing, capacity-building programs, and impact investing opportunities.
Capital Impact Partners offers flexible financing for catalytic mission-aligned projects in four primary sectors: increasing access to health care, education, affordable housing, and healthy food.
In addition, we manage several multi-year initiatives in key regions to support emerging developers, small business owners, cooperatives, and community health enterprises through training, professional networks, access to experts and mentors, and pathways to grants and loan capital.
Capital Impact Partners has disbursed more than $3 billion since 1982 to create access to critical social services, grow entrepreneurs, and create quality jobs. Capital Impact Partners’ leadership in delivering financial and social impact has resulted in the organization being rated by S&P Global and Fitch Ratings and recognized by Aeris for its performance.
The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered, FINRA/SIPC member). While each organization under the Momentus Capital brand still operates as a separate entity, their clients will now have access to more resources and products.
With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Georgia, Michigan, Nevada, New York, Texas, and the Washington D.C. metro area.
Learn more at capitalimpact.org and momentuscap.org.
About Momentus Securities
Momentus Securities, an SEC-registered broker-dealer, a MSRB-registered municipal advisor, and a FINRA/SIPC member, offers a range of financial products and services to support its mission of connecting mainstream capital sources and impactful investment opportunities. These services include debt and equity capital raising, asset-backed and structured finance as well as corporate finance and advisory services. Momentus Securities seeks to bolster the mission-driven investing space by addressing the current scale and liquidity limitations in the sector that inhibit the deployment of institutional capital.
About Momentus Capital
The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital, and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered, FINRA/SIPC member). While each organization under the Momentus Capital brand still operates as a separate entity, its clients now have access to more resources and products.
The Momentus Capital branded family of organizations is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems by offering a continuum of financial, knowledge, and social capital to help entrepreneurs, community-based organizations, and local leaders at every growth stage to build strong communities and create generational wealth.
This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions that advance locally-led solutions.
Leveraging more than 80 years of combined experience, more than $3 billion in assets under management, and strong community engagement, the Momentus Capital branded family of organizations has delivered $24 billion in financing, created and preserved 298,000 jobs, and served 14,350 small businesses and 6 million people across our history.
With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Georgia, Michigan, Nevada, New York, Texas, and the Washington D.C. metro area.
Learn more at momentuscap.org.
About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Private Capital & Currency, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture.
