Triodos Bank UK launches capital raising bond to support growth plans

Triodos Bank UK Ltd has launched a capital raising bond to raise tier 2 regulatory capital. The Triodos Bank 2020 Bond issue will help to support its ambition to grow lending in the UK in the coming years, with an emphasis on supporting sustainability and social impact focused organisations through Covid-19 and beyond, whilst maintaining UK regulatory capital requirements. Triodos Bank UK became a wholly owned subsidiary of Triodos Bank N.V. in 2019, prompted by the UK’s withdrawal from the European Union. Significant regulatory capital contributions from Triodos Bank N.V.…

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