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Voyage Care are the leading provider of care services for adults with learning disabilities and other related complex and challenging support needs across the UK, measured in terms of beds. The vast majority of people they support have life-long conditions and high acuity needs, which have been assessed as either ‘‘critical’’ or ‘‘substantial’’ by Local Authorities and PCTs and therefore require ongoing care services to help them look after themselves. The non-discretionary nature of such high acuity, long-term conditions, combined with the long average length of stay, provides them with visibility of expected occupancy levels and provides a degree of resilience to government spending pressures.
Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note” (fractions of corporate bonds). Each Note is backed by a specific bond.