Presentation by Mark Glowrey, giving an overview of Retail Charity Bonds
Retail Charity Bonds.
Many charities in the UK operate as businesses, generating revenue from their activities. Like with any other business, loan finance can enable them to expand their activities and generate more income, which means delivering more benefit for the people they work with.
Mark Glowrey from fixed income specialist Allia City & Continental gives an overview of the program, which enables investors to connect with such charities via London Stock Exchange -listed retail bonds. Nine bonds have been issued to date, totaling over £250 million, from issuers including Golden Lane Housing (MENCAP), the Charities Aid Foundation and the Alnwick Garden Trust.