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RNS Number : 4730P Sustainable Capital PLC 20 June 2022
Official Announcement
Sustainable Capital PLC (the "Issuer")
New Series Announcement
Sustainable Capital PLC 2022-F1 due 2029 ISIN EUR GB00BNM1VW00 and ISIN USD
GB00BNM1VX17
(the "Notes")
In response to the war in Ukraine, Sustainable Capital PLC (the "Issuer") will
be providing financing for a note offering to eiBID(TM). The Notes will be
used to provide funding to launch a multi-currency project for businesses to
lend trade finance to support supply chains in Ukraine.
The war has not only led to a devastating toll on civilians and civilian
infrastructure but has greatly impacted the small and medium-sized businesses
that account for over 90 per cent of the private economy and employ two-thirds
of the working population.
The minimum investment is 100,000 EUR/USD and will be settled via Clearsteam,
or Euroclear. The Notes will be listed on the Frankfurt Stock Exchange under
ISIN EUR GB00BNM1VW00 and ISIN USD GB00BNM1VX17. The availability in the major
currencies hope to encourage participation from financial institutions,
development banks, institutional capital and asset management businesses.
eiBID(TM )is a new, non-profit multi-lateral development finance entity
focused on raising capital for global SMEs and providing support to local
financial institutions. The partnership includes Sustainable Capital PLC, a
green-bond issuance platform, Digital Path, a think-tank focused on building
digital societies and adaptive governments, Upside PR, a communications and
growth marketing consultancy, Truva Corp, a finance law firm, Avenir
Registrars, Bedford Row Capital PLC, an award-winning non-bank originator, and
Arete Business Performance Limited.
Speaking about this launch Professor Lisa Short of Arete Business Performance
said: "eiBID(TM) focuses on enabling foundational socioeconomic change,
empowering SME's, and eliminating financial disadvantage through equitable
access to new capital products with resources, tools and a framework built
for success and resiliency."
Dr. Scott Levy, CEO of Bedford Row Capital, said "The goal of the investment
is to build an equitable, resilient and sustainable future for the nation by
providing funds to SMEs as their innovative and agile nature will have a
crucial part to play in the re-development and re-establishment of stable
Ukrainian economy."
The above paragraphs are subject to the disclaimers set out in the listing
particulars dated 14 June 2021 in compliance with the Listing Rules of the
Frankfurt Stock Exchange (the "Listing Particulars") and any pricing
supplement issued pursuant thereto ("Pricing Supplement").
Neither this announcement, the Listing Particulars nor any Pricing Supplement
constitutes an offer or an invitation to subscribe for or purchase any Notes
and should not be considered as a recommendation by the Issuer, the Settlement
Agent, the Promoters, the Trustee, or any of them that any recipient of this
Listing Particulars or any Pricing Supplement should subscribe for or purchase
any Notes. Each recipient of this Announcement, the Listing Particulars or any
Pricing Supplement shall be taken to have made its own investigation and
appraisal of the condition (financial or otherwise) of the Issuer.
This announcement does not constitute, and may not be used in connection with,
an offer or solicitation in any place where offers or solicitations are not
permitted by law. An offer or solicitation will be made only through an
investment memorandum and other related documents with respect to a particular
investment opportunity, and will be subject to the terms and conditions
contained in such documents.
About eiBID(TM)
A new global financial entity based in Estonia focused on supporting the
delivery of United Nations Sustainable Development Goals through debt finance
for global SMEs. eiBID™ will enable socio-economic change, empower
innovators and SME's, and eliminate disadvantage through equitable access to
capital, educational tools for success and digital trust.
https://eibid.org/ (https://eibid.org/)
About the Issuer
Sustainable Capital PLC is a UK-based green bond issuance platform (recognised
on the Nasdaq Sustainability-Bond Network) which offers a flexible, quick to
market solution for green and sustainable businesses. Sustainable Capital PLC
is a cost-efficient solution for high impact projects which comply with
international green bond standards.
https://www.sustainablecapitalplc.com/
(https://www.sustainablecapitalplc.com/)
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