Momentus Securities, LLC, and Mesirow Financial, Inc., have structured and managed one of the largest bond offerings ever by a community development financial institution, or CDFI.

Capital Impact Partners, one of the nation’s foremost CDFIs, has issued $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 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.

“Community development financial institutions, 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, an SEC-registered broker-dealer, a MSRB-registered municipal advisor, and a FINRA/SIPC member. “We hope this successful bond closing will demonstrate the value of transactions like these for both the issuer and the 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.”

Historically, impact-focused organizations have had limited exposure and access to the capital markets. The lending done by these organizations is often not at a scale that appeals to investors, nor has it been cost-effective for these organizations to utilize the capital markets to obtain more liquidity.

Learn more about how bond issuances can help community lenders, and the other ways Momentus Securities connects mission-driven lenders with institutional investors, at MomentusSecurities.com.

All investing involves risks, including possible loss of the principal amount invested. With fixed-income securities such as bonds, interest rates and bond prices tend to move in opposite directions. When interest rates fall, bond prices typically rise and conversely when interest rates rise, bond prices typically fall. When interest rates are at low levels, there is risk that a sustained rise in interest rates may cause losses to the price of bonds that you own. At maturity, however, the issuer of the bond is obligated to return the principal to the investor. The longer the maturity of a bond, the greater the degree of a price or market value change resulting from a change in interest rates (also known as duration risk). Bond investors should carefully consider risks such as interest rate risk, credit risk, liquidity risk and inflation risk before investing in a particular bond.

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.

Momentus Securities is part of the Momentus Capital branded family of organizations, which also include, among other organizations, Capital Impact Partners (a nonprofit Community Development Financial Institution, or CDFI) and CDC Small Business Finance (a leading SBA Community Advantage Small Business Lending Company, or CA SBLC).

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.

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By working with Momentus Securities, community lenders can issue bonds and use the funding for a variety of needs, while bond investors can recoup their loan and receive interest payments.