Golden Lane Housing Raises £11 Million Through Social Bond Offer

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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