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LONDON - RCB Bonds PLC announced today that the offer period for Belong Limited’s 7.5% Social Bonds due 2030 will close at 4:00 p.m. London time on Thursday, four days earlier than originally scheduled.
The offer period was initially set to end at noon on June 30, 2025, according to the company’s statement. RCB Bonds plans to release an announcement about the issue size shortly after today’s closure.
The bonds were issued under a prospectus dated June 2, 2025. The financial instruments were targeted at UK MiFIR retail investors, professional investors, and eligible counterparties.
The early closure suggests strong investor demand for the five-year social bonds, though the company did not explicitly state the reason for ending the offer period ahead of schedule.
Belong Limited’s bonds carry a 7.5% interest rate and are set to mature in 2030. The bonds were marketed as "social bonds," typically used to finance projects with positive social outcomes.
This information is based on a press release statement from RCB Bonds PLC. The company noted that the bond information was not for distribution in the United States, Australia, Canada, Japan, South Africa, or the European Economic Area, or in jurisdictions where such distribution would be unlawful.
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