Greenwich Leisure Ltd is aiming to raise £5m through a bond issue to help open up two London 2012 Olympic venues to the public.
Triodos Bank is working with the mutual and social enterprise to raise the £5m through a five-year bond paying 5 per cent fixed gross interest per year. The minimum investment is £2,000, or £200 for Greenwish Leisure (GLL) members of staff.
GLL will use the money raised to develop its legacy strategy at the Copper Box Arena, which launched in July this year, and the Aquatic Centre which reopens to the public in 2014.
The bond will also contribute to the restoration and expansion of the Royal Greenwich Lido.
Managing director of GLL, Mark Sesnan, said: “We are delighted to be making two iconic London venues accessible to the surrounding communities and to the public more broadly.”
GLL had a turnover of £123m in 2012 and currently manages more than 130 public leisure centres and libraries. As a mutual society it is owned and managed by its members, all of whom are staff.