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Follow on Google News | Sustainable Capital PLC together with LOLC Group Announces USD 100 Million Sustainable Bond IssuanceSustainable Capital PLC is set to issue the sustainable bonds, with the proceeds earmarked to enhance the livelihoods of rural communities served by LOLC. This initiative underscores their unwavering commitment to social and environmental responsibility. The Singapore-based subsidiary, LOLC Financial Sector Holding Private Limited as part of the LOLC, will utilize the funds raised to further bolster financial services and inclusive initiatives in the region, strengthening its commitment to global sustainability. LOLC embeds the United Nations' Sustainable Development Goals into its group policy and strategy, emphasizing their commitment to global sustainability. LOLC's Triple Bottom Line focus assesses their success across economic Prosperity, Social Responsibility and Environmental Stewardship. LOLC plans to expand its footprint further into India, North America, and Central America. Kapila Jayawardena, Group Managing Director at LOLC, emphasized, " At LOLC, our commitment is to empower emerging entrepreneurs, bolster their economic resilience, and leverage our extensive global presence spanning Asia, Central Asia, and Africa, encompassing diverse sectors such as financial services, leisure, and plantations." Nishok Goonasekera, CEO of Capital Alliance Partners (CALP), expressed, "This will be one of the largest corporate offshore debt raises by a Singaporean Entity owned by a Sri Lankan firm and CALP is pleased to be supporting LOLC, in partnership with Sustainable Capital. Together we are committed to supporting LOLC's initiatives across diverse markets, with a focus on Sustainability and positive impacts. " Scott Levy, Founder of Sustainable Capital PLC, highlighted, "The unique sustainable investment opportunity can help maximize potential while driving social and economic growth. Sustainable Capital helps investors achieve financial growth while aligning with ethical values, translating indicators into measurable impacts with real meaning." About Capital Alliance (CAL): Headquartered in Sri Lanka, is a full-service frontier markets investment bank founded in 2000, primarily serving family businesses and institutional clients. Capital Alliance (CALP), the Corporate Finance arm of CAL, focuses on building business locally and internationally across debt and equity capital markets. About Sustainable Capital PLC: Headquartered in the UK, offers a flexible and rapid-to-market solution for green and sustainable bonds. With a comprehensive service approach, Sustainable Capital empowers a brighter future for investors and ESG-compliant companies alike, fostering financial growth while aligning with ethical values. For further information or to arrange an interview, contact: Rafia Alam Email: lolc@sustainablecapitalplc.com End
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