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Social investment – Scope take the plunge
Scope has become one of the first charities to take a serious step into social finance with the launch of a £20m bond. They are pitching it as a straightforward commercial bond (with a reduced coupon and some impact reporting), secured on their retail and fundraising income. It’s important for social finance that products like this are successful. They prove that there is demand among investors for ethical debt and help build trust in charities as reliable organisations. READ MORE
This entry was posted on Friday, April 20th, 2012Read similar posts
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