LendInvest Secured Income II plc 11.5% Notes due 2026
This offer is now closed for applications through interactive investor
Confirmation of Issue Size
LendInvest Secured Income II plc has confirmed the following sizing announcement, including results of the exchange offer:
- Issue Date: 3 October 2023
- Aggregate nominal amount of the Notes to be issued: £60,000,000
- Estimated net proceeds of the New Notes: £37,969,395
- Estimated total expenses of the offering: £438,750
Allocations have been met in full, meaning customers will receive 100% of the amount they applied for.
Allocations are being credited today (Thursday 28 September 2022). Confirmation of allocations will be sent once the Bonds are showing on accounts.
Key information
| Issue price (per Bond): | £100 |
| Minimum investment: | £1,000 (multiples of £100 thereafter) |
| Interest rate: | 11.5% |
| Term of the Bonds: | 3Â years |
| Maturity date: | 3 October 2026 |
Expected timetable
| Offer open: | 13 September 2023 |
| Offer close: | 27 September 2023 (2pm) |
| Issue date of the Bonds: | 3 October 2023 |
| First day of trading: | 3 October 2023 |
The key dates for the offer are indicative only and subject to change without notice. The Company may end the Offer Period early or withdraw the offer at any time prior to the Issue Date.
Offer documents
We, Interactive Investor Services Limited, refer to the offer of 11.5 per cent. Fixed Rate Notes due 3 October 2026 (the "Notes") described in the Final Terms dated 13 September 2023 (the "Final Terms") published by LendInvest Secured Income II plc (the "Issuer") and LendInvest plc (the "Guarantor"). In consideration of the Issuer and the Guarantor offering to grant their consent to our use of the Base Prospectus (as defined in the Final Terms) in connection with the offer of the Notes in the United Kingdom (the "UK Public Offer") during the Offer Period specified in the Final Terms and subject to the other conditions to such consent, each as specified in the Base Prospectus, we hereby accept such UK Public Offer by the Issuer and the Guarantor in accordance with the Authorised Offeror Terms (as specified in the Base Prospectus) and confirm that we are using the Base Prospectus in connection with the UK Public Offer accordingly.
Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply.
"LendInvest Secured Income II plc" and the LendInvest Secured Income II plc logo are reproduced by kind permission of LendInvest Secured Income II plc. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of 201 Deansgate, Manchester, M3Â 3NW, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.