21 Apr 2017

A question about : is this social bond investment a good deal?

I'VE just received this from the company that runs our local leisure centre, and I'm wondering whether its a good risk investment.... feedback welcome, thanks!

OUR 5% BOND ISSUE - A SOCIAL INVESTMENT

To help further our growth ambitions and invest even more, we are issuing a Bond, promoted by our sustainable banking partners Triodos Bank NV, which will offer investors an opportunity to help contribute to our charitable social mission, as well as achieving a market conforming financial return.

To help us continue making a positive social impact in the local communities where we operate facilities, we are looking to raise Ј5 million through the launch of our 2013 Bond. The funds raised will be used to further our charitable objectives and, in particular, to support the following new projects:

• The restoration of Charlton Lido– restoring a heritage facility in South London for community benefit.
• The delivery of our sport and social legacy commitments – including helping to transform the Olympic Aquatics Centre and Copper Box Arena for the benefit of the host boroughs and the wider London Community
• Health & Fitness developments in Sidcup and Romford – creating accessible and inclusive health and fitness facilities that are available for everyone.

Further information about the Bond Issue, including the terms and conditions and the risks associated with any investment in the bonds, is contained within the Investment Memorandum click here.

As a thank you to any members that invest Ј5,000 or more, we’ll give you one month free on your membership subscription every December, from 2014 to 2018.

5% BOND - KEY FEATURES

Our Bond will include the following key features:

• Term – 5 years (repayable in full on 31 October 2018)
• Interest – 5% gross per annum - fixed and payable annually in arrears (on 31 October)
• Minimum investment – Ј2,000
• Closing Date – 1 November 2013 unless extended by GLL in its sole discretion (but to no later than 31 December 2013).

READY TO FIND OUT MORE?

For more information click here.

If you have any queries or would like a hard copy Investment Memorandum to be posted to you, please email Triodos at investments@triodos.co.uk or call them on 0117 980 9593.

Thank you for your ongoing support.

Best answers:

  • https://www.gll.org/b2b/pages/32
    I did notice the offer has been extended and is currently still open until 20 December. Just a suggestion but you may receive a better and more informed response if you reposted on the savings & investments board.
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