APM Workcare takes riskier tranche in social bond pilot

APM Workcare takes riskier tranche in social bond pilot
Paul McBeth
By Paul McBeth April 7 (BusinessDesk) - APM Workcare took on the riskier tranche of debt in the government's pilot social bond, which officials see as indicating the Australian-owned vocational rehabilitation and disability services firm's confidence in delivering a successful programme.  The local unit of the Perth-based company was announced as the operator of the government's pilot social bond scheme in February, tasked with supporting people with moderate mental health issues back into the workforce. The five-year programme aims to pl...