DEAL

YouthChoices Social Benefit Bond

YouthChoices Social Benefit Bond

Organisation

Life Without Barriers is a national community services provider and has entered into a YouthChoices Social Benefit Bond implementation agreement with the Queensland Government to deliver the Multisystemic Therapy program (MST).

Financial Return

Minimum fixed coupon payments of 3% per annum. Performance coupon payment to be paid from year 3 until repayment (if the program is successful) at 7% to 12%.

Social Return

The program is targeting a minimum of 25% reduction in the number of criminal charges received by young people receiving the MST program, compared with a historical group of young people involved in the Juvenile Justice System.
Issuing organisation
  • Life Without Borders
Arranger
  • NAB
Size
  • $8,200,000
Minimum Investment
  • $50,000
Investment Type
  • Debt
Investor Type
  • Sophisticated Only
Term
  • 6.75 years
Impact Focus
  • Young Offenders
Location
  • Queensland

Contact

Name
James Waddell
Title
Director, Product and Channel Development
E-mail
james.waddell@nab.com.au
Phone
(02) 9237 1496
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