Download our short guide to Retail Charity Bonds for housing associations
Retail Charity Bonds offer housing associations a simple alternative to bank borrowing. They offer the opportunity to raise unsecured, fixed-rate loan finance which has lighter terms than banks, with fewer covenants and clauses.
As they are listed on the London Stock Exchange, Retail Charity Bonds raise the organisation’s public profile and connect them with a new, growing audience of high-net worth socially responsible investors and their advisors.
Previous issues include Hightown Housing Association (£27million) and Golden Lane Housing (£11million).
Read more about these bonds in our Retail Charity Bonds guide. It briefly explains what they are and how they work.
“We were delighted the bond issue was so successful. Affordable homes are in very high demand in our area and it will help us fund the work we do in providing high quality homes to those who cannot afford to rent or buy at market prices.”
David Bogle, Chief Executive, Hightown Housing Association