The social bond offer for Golden Lane Housing Ltd (the “Charity”) has closed early and oversubscribed after significant interest from institutional and retail investors.The offer of 3.25% social bonds due 2031, from special purpose issuer Retail Charity Bonds PLC (“RCB”) and managed by Allia C&C, was launched on 1 July 2021 and closed after less than a week at 2pm on 6 July 2021. £11 million of the bonds have been sold to investors while a further £4 million will be retained and may be sold at a later date…
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