This document from the United States Securities and Exchange Commission details the framework for the issuance of Social Impact Bonds (SIBs) by Social Finance, Inc. It outlines that SIBs will be issued in private placements to accredited investors, often through special purpose vehicles. The proceeds from these SIBs are then disbursed to service providers to fund programs for individuals in need, focusing on a structured approach to social financing through private capital.
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