Retail charity bonds underpin residential care developments

LEEDS: A major aged care provider has successfully created a new funding mechanism to enable it to grow its development pipeline.

Greensleeves Care is bringing to market a retail charity bond with a yield of 4.25 per cent and a date to maturity of 2026.

The income will be paid in twice yearly instalments, in March and September, with the first payment in September 2017…..

Full story covered in the Seniors Housing & Healthcare Trends.