The Greensleeves Homes Trust 5% fixed rate Bonds due 2030 pay a fixed rate of interest of 5% per annum, payable twice yearly on 17 December and 17 June of each year. The Bonds are expected to mature on 17 December 2030 with a final legal maturity on 17 December 2032.
London Stock Exchange listing![](https://rcb-bonds.com/wp-content/uploads/2024/05/DSC05972-scaled.jpg)
Greensleeves
![](https://rcb-bonds.com/wp-content/uploads/2024/06/Greensleeves-logo.jpg)
Greensleeves Homes Trust raised £75m from RCB investors through two bond issues to develop much needed new homes for older people, including those living with dementia. The first issue in 2017 raised £50m with a fixed rate of 4.25%, which was followed by a £25m issue in 2020 with a rate of 5%.
Aligned to UN SDGs
![](https://rcb-bonds.com/wp-content/themes/rcb-docandtee-bs3/dist/images/sdg-icon-3.png)
![](https://rcb-bonds.com/wp-content/uploads/2024/05/Newly-renovated-lounge-1296x864.jpg)
About Greensleeves
Greensleeves Homes Trust is an award-winning care provider for older people in its residential, dementia and nursing homes across England. The group delivers 24-hour care across 27 homes in England.
The charity was created in 1997 when the Women’s Royal Voluntary Service (“WRVS”) decided to transfer the ownership and management of its care homes to an independent organisation. The newly formed charity took its name from the green arm bands (or sleeves) worn by WRVS volunteers during World War II.
Bonds issued
Bond details
Issue date:
17 December 2020
Expected maturity:
17 December 2030
Final legal maturity:
17 December 2032
Amount issued:
£25m
Coupon type:
Fixed
Coupon:
5%
Frequency:
Semi-annual
Payment dates:
17 June, 17 December
ISIN:
XS2250730749
SEDOL:
BMFKP03
LSE Ticker:
GHT2
Bloomberg ticker:
RCHBLN 5 12/17/2030
Bond documents
The Greensleeves Homes Trust 4.25% fixed rate Bonds due 2026 pay a fixed rate of interest of 4.25% per annum, payable twice yearly on 30 March and 30 September of each year. The Bonds are expected to mature on 30 March 2026 with a final legal maturity on 30 March 2028.
London Stock Exchange ListingBond details
Issue date:
30 March 2017
Expected maturity:
30 March 2026
Final legal maturity:
30 March 2028
Amount issued:
£50m
Coupon type:
Fixed
Coupon:
4.25%
Frequency:
Semi-annual
Payment dates:
30 March, 30 September
ISIN:
XS1575974933
SEDOL:
BDH6X68
LSE Ticker:
GSHT
Bloomberg ticker:
RCHBLN 4.25 03/30/2026
Bond documents
![](https://rcb-bonds.com/wp-content/uploads/2024/05/The_Manor_2024_052-scaled.jpg)
Working with Allia C&C
At the time of its first bond issue, Greensleeves was the first charitable care home provider to raise finance through this type of listed bond, which can be sold to individuals as well as institutional investors.
The transaction was also a milestone for RCB as it was the largest series of bonds it had issued at that time, and remains the joint largest transaction completed to this day.
Paul Newman, Chief Executive of Greensleeves Care, said: “We were delighted to be part of the largest RCB issue. The money will be put to immediate use to buy and develop new homes and sites as we invest in our portfolio and our ability to increase the number of older people who benefit from our award-winning care.”
A second issue was completed in 2020 which raised a further £25m for Greensleeves. Once again, the bonds were well-received by investors with the offer closing early due to oversubscription. The issue was launched during the Covid-19 pandemic, which had raised awareness of the need for high quality social care in the UK.
![](https://rcb-bonds.com/wp-content/uploads/2024/05/The_Manor_2024_050-scaled.jpg)
Latest financial report
![](https://rcb-bonds.com/wp-content/uploads/2024/08/Greensleeves-Homes-Trust-Financial-Statements-31-March-2024-pdf.jpg)