RCB is a pioneering platform, created by Allia, to connect responsible investors with impact borrowers. Operating since 2014, the RCB programme has issued over £370 million of LSE-listed bonds through 12 issues for borrowers including Golden Lane Housing, Greensleeves Care, Charities Aid Foundation and The
The UK government has launched a consultation on potential changes to the regulations on taxation of securitisation companies. Amongst other points, it is considering lowering the threshold which determines the minimum size for Retail Charity Bond issues. Allia C&C, the Impact Investing Institute, Big Society
Allia C&C has arranged a tap of the MORhomes 3.4% bonds, raising £28 million for Calico Homes from a new investor. The new bonds were issued at a yield of 2.768%, a spread of 154bps (1.54%) over the benchmark gilt rate, which was significantly below
West of Scotland Housing Association (WSHA) has received a loan of £13 million, arranged by Allia C&C under its charitable bond programme with Scottish Government. The loan will support the development of around 150 homes for social and mid-market rent across Ayrshire and Glasgow, including
We are delighted to announce the successful closure of two transactions in the space of one week for charities delivering strong social impact.
Ecology Building Society has raised £3 million through an issue of ‘core capital deferred shares’ (CCDS), arranged by Allia C&C. The share issue will enable the Society to grow its balance sheet, invest in innovation and drive forward its mission to improve the environment by
Allia C&C, the financial services arm of Cambridge-based charity Allia, is pleased to announce the opening of an office in Glasgow to serve its clients in Scotland and the North of England. It has appointed Peter Freer to head the office where he will be
New Gorbals Housing Association has received a loan of £3.5 million arranged by Allia C&C under its charitable bond programme with Scottish Government. The loan will allow New Gorbals Housing Association to develop 55 units for social rent as part of the mixed tenure regeneration
Ayrshire Housing has received a loan of £8 million through a charitable bond arranged by Allia C&C. It is the third and the largest loan that the association has received under Allia C&C’s programme with Scottish Government.
In January this year the FCA announced a temporary ban on the mass-marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors. In June it then announced proposals to make the ban permanent with a number of changes and clarifications, and put these out