JLG C1 Bonds PLC
JLG C1 Bonds PLC is a wholly owned subsidiary of JLG Group PLC and was formed in order to enable the Group to offer Investors a ‘near cash’ 3% 364 day Senior Secured Bond.
The Bond Programme
JLG C1 Bonds PLC has been granted approval by the Global Exchange Market (GEM) of the Irish Stock Exchange for the issue of a series of bond issues all identical in terms of security, interest rate and length of term (364 days) but with different issue and maturity dates.
The Bonds
The Bonds are all of £100,000 each suitable only for Institutional Investors, family offices etc. The Bonds are secured against a pool of SME loan facilities granted by JLG Group and a designated bank account.
- Redemption
- 364 days from issue
- Interest
- 3%
- Minimum Investment
- £100,000
- Security Trustee
- Woodside Corporate Services Limited.
Full details of the Bond programme, the security and risk factors are set out in the Information Memorandum.
Issue One
The first issue of the Programme 15 August 2019 was for £10,000,000.
This is now matured and redeemed.
Issue Two
The second issue of the Programme 14 November 2019 is for £5,000,000
This is now matured and redeemed.
ssue Three
The third issue of the Programme 14 January 2020 is for £5,000,000
This is now matured and redeemed.
Issue Four
The fourth issue of the Programme 14 March 2020 is for £5,000,000
This is now matured and redeemed.
Issue Five
The fifth issue of the Programme 14 May 2020 is for £5,000,000
This is now matured and redeemed.
Issue Six
The sixth issue of the Programme 14 July 2020 is for £5,000,000
This is now matured and redeemed.
Issue Seven
The seventh issue of the Programme 14 August 2020 is for £10,000,000
Senior Secured Investment Bond
Base listing particulars - 15 October 2020