easynow
Member of DD Central
Popcorn anyone?
Posts: 178
Likes: 147
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Post by easynow on Jul 26, 2022 9:19:12 GMT
Email just received from HL, I haven't looked further yet, but assume it's the same business.
LendInvest 6.5% 2027 Bond is a new bond launching on the London Stock Exchange.
As you’ve registered for our bond launch alerts, we’re letting you know applications are open and you can invest online with HL.
Investing in individual bonds isn’t right for everyone - it’s higher-risk as your investment is dependent on the fate of that company. If the company fails, you risk losing your whole investment. You should make sure you understand the companies you’re investing in, the company specific risks, and make sure any bonds you own are held as part of a diversified portfolio.
You can find all the information you need to decide whether to invest on our website.
Any application to participate in the Offer can and will only be made on the basis of the Prospectus, together with any supplements thereto.
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macq
Member of DD Central
Posts: 1,934
Likes: 1,199
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Post by macq on Jul 26, 2022 13:28:33 GMT
Details Can also be found on the HL home page via the shares tab under IPO/Bond launches
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qlassa
Member of DD Central
Posts: 57
Likes: 25
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Post by qlassa on Jul 26, 2022 22:31:19 GMT
I don't really get it, how can the bond pay out 6.5% if it is backed by their BTL loans with interest of <5% (according to their latest BTL rate guide)?
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